119 E CASS $440,000

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    119 E CASS Albion, MI 49224

    Closed
    SOLD 9/1/2021

    $440,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 21095221
    119 E CASS, Albion, MI 49224
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    Listing provided courtesy of: Beiswanger and Risner RE Group
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    Property Details

    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 Features
      • Year Built 1900
      • Subdivision Name None
      • County Or Parish Calhoun
      • New Construction Y/N false
      • Tax Annual Amount 1395.0
    • Building Features
      • Construction Materials Wood Siding
      • Heating Space Heater
      • Heating Y/N true
      • Number Of Units Total 4
      • Bathrooms 0
      • Basement Slab
      • Parking Total 40.0
    • Property Features
      • Lot Features Sidewalk
      • Water Body Name None
      • Road Surface Type Paved
      • Number Of Buildings 6
      • Lot Size Area 0.61
      • Lot Size Acres 0.61
      • Waterfront Y/N false
    • Schools
      • High School District Marshall

    Neighborhood

    49224 (Albion) Demographics

    33 Median Age
    140 Population Density (per sq. mile)
    27% College Educated
    $45,387 Estimated Median Income
    3,296 Estimated Total Home Owners
    1,509 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    14,099 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $140,000 Median Sales Price
    23 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        9/1/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $440,000
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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 4/24/2024 1:15:13 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.