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.
General Information
Sale Price: $425,000
Price/SqFt: $23
Status: Active
MLS#: 202101559
City: albion
Post Office:
Schools: marshall
County: Calhoun
Subdivision: none
Acres: 0
Bedrooms:
Bathrooms:
Size: 18,592 sq.ft.
Year Built: 1900
Features & Room Sizes
Exterior: Cement Block,Vinyl,Wood
Heating: Hot Water Heater,Window AC,Gas Water Heater