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119 E Cass

Albion, MI 49224Hot Listing! MLS# 21095221
0 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
acres
0.61 Acres
E
Listed at $425,000
Est Payment $2,009/month*
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Steven Vanderwerp
616-638-1800
Steven Vanderwerp

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
garage
Garage Type
county
County
Calhoun
Municipality
Municipality
Albion City
school
School District
Marshall
calendar
Year Built
1900

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.
Agent: Doug BeiswangerPhone: 517-435-1500

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