Remodeled Three-Unit
For Sale
$299,000
1027 Albert St, Racine, WI 53404
Three-unit residential property with varied bedroom layouts, basement laundry, storage, and a mix of vacant and occupied units.
Property Size2,945 SF
Price / SF$101.53
Days on Market55
Property Features for 1027 Albert St
General Information
Standard status
Active
Size
2,945 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR, 1 x 2BR
Multifamily Units
3
Amenities
coin-operated laundry
storage space
Building Details
Year Built
1890
Listing Agency:
Movoto, Inc.
Listed By:
Natalie Masse · License #471021534
(847) 366-3950
Source:
Nikolicgroup
Added: Aug 18
Changed: Oct 3
Last Checked: Oct 7 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Movoto, Inc.
Investment Insights
Based on property information with market context.
This three-unit residential property includes two three-bedroom units and one two-bedroom unit. Units 2 and 3 have undergone remodeling, while Unit 2 is vacant and available for occupancy. Units 1 and 3 are occupied, and their current tenants have expressed interest in staying. The basement adds shared functionality with coin-operated laundry equipment consisting of two washers and two dryers, plus storage space for tenant use.
Recent property updates include a 2019 roof and three water tanks installed in 2018, 2019, and 2020. Tenants pay their own electric and gas expenses. The property is located at 1027 Albert Street in Racine, Wisconsin.
Recent property updates include a 2019 roof and three water tanks installed in 2018, 2019, and 2020. Tenants pay their own electric and gas expenses. The property is located at 1027 Albert Street in Racine, Wisconsin.
Key Highlights
- Three‑unit property with two 3‑bedroom units and one 2‑bedroom unit
- Units 2 and 3 have been remodeled
- Unit 2 is vacant; Units 1 and 3 are tenant‑occupied
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Explore this area
Business Placement
Demographics for 53404, WI
15,532
Population
5,110
Households
3
Avg Household Size
32
Median Age
13%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
3,170
Density / Sq Mi
$47,714
Median Household Income
$35,419
Median Earnings
$968
Median Rent
$126,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with varied bedroom layouts, basement laundry, storage, and a mix of vacant and occupied units.
Where is this triplex located?
The property is located at 1027 Albert St Racine, WI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑unit property with two 3‑bedroom units and one 2‑bedroom unit; Units 2 and 3 have been remodeled; Unit 2 is vacant; Units 1 and 3 are tenant‑occupied
