119 E CASS Contingent Save Request In-Person Tour Request Virtual Tour
Albion,MI 49224
Key Details
Property Type Multi-Family
Sub Type Duplex,Upper/Lower Apartment
Listing Status Contingent
Purchase Type For Sale
Square Footage 18,592 sqft
Price per Sqft $22
Subdivision None
MLS Listing ID 55202101559
Style Duplex,Upper/Lower Apartment
Year Built 1900
Annual Tax Amount $1,395
Lot Size 0.610 Acres
Property Description
Located within walking distance to Albion College, this 19 unit property is available for its next investor. The property features 14 residential units, 5 commercial units, on-site coin operated laundry, management office, and maintenance workshop.. Property has CCTV coverage of exterior. Financials from 2020 demonstrate an estimated 11.8% CAP rate with room for growth. Property is along the river and has a park setting across the street. Location is walking distance to dining, entertainment, shopping, school, and more.
Location
State MI
County Calhoun
Interior
Hot Water Natural Gas,Other
Heating Separate Meters
Cooling Window Unit(s)
Exterior
Pool No
Waterfront Description River Front
Building
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Block/Concrete/Masonry,Vinyl,Wood
Schools
School District Marshall/Albion