119 E CASS Contingent

Albion,MI 49224

$ 425000

0 Bed

0 Bath

18592 SqFt


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 Yes

Waterfront Description River Front

Building

Sewer Sewer-Sanitary

Water Municipal Water

Structure Type Block/Concrete/Masonry,Vinyl,Wood

Schools

School District Marshall/Albion

View More
Favorite Go Tour