Albion MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- 284546
View additional info
Courtesy: Exit Great Lakes Realty
517-543-1202
ADDITIONAL INFORMATION
Incredible Investment Opportunity in Historic Albion City! Don't miss this rare chance to own a lovely updated 4-plex in the heart of Albion, priced to sell! Originally a grand single-family home, this property had been thoughtfully transformed into four spacious, charming units that offer a fantastic mix of character and modern convenience. Whether you're looking for a multi-family investment or a home with rental income potential, this property delivers. Property Highlights: • Unit 1: 2 bedrooms, 1 full bath - cozy and comfortable. • Unit 2: 3 bedrooms, 2.5 baths - spacious with plenty of room to grow. • Unit 3: 4 bedrooms, 3 baths - the largest unit, offering ample space and privacy for tenants. • Unit 4: 1 bedroom, 1 bath - a charming upstairs retreat. Key Features:
- Type:
- Multi-Family
- Sq.Ft.:
- 2,084
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 70420186
ADDITIONAL INFORMATION
Attention Investors! This tri-plex is poised to become a fantastic income-generating property, bringing you substantial revenue for years to come. Some of the major renovations are already complete, including: new windows, updated electrical and most of the new siding installed. If you're ready roll up your sleeves and tackle the remaining projects, a good ROI is waiting for you. Being sold As Is Friendly neighborhood and convenient location. BTVAI
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 70416992
ADDITIONAL INFORMATION
Triplex investment opportunity! This property sits on a double lot in the developing city of Albion. It boasts side by side units with private entrances, new updates including windows, vinyl siding, soffit and fascia, insulation, and separated utilities with the exception of water and garbage. Attached 2+ car garage with parking for 3 vehicles and fenced in backyard. 100% occupied with reliable, long-term tenants that pay on time and wish to stay. There is also an additional office space with a half bath and private entrance separate from the units.
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Albion Real Estate
The median home value in Albion, MI is $140,000. This is lower than the county median home value of $155,300. The national median home value is $338,100. The average price of homes sold in Albion, MI is $140,000. Approximately 44.99% of Albion homes are owned, compared to 18.23% rented, while 36.78% are vacant. Albion real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albion real estate agent to arrange a tour today!
Albion, Michigan has a population of 8,061. Albion is less family-centric than the surrounding county with 18.08% of the households containing married families with children. The county average for households married with children is 25.27%.
The median household income in Albion, Michigan is $36,891. The median household income for the surrounding county is $53,286 compared to the national median of $69,021. The median age of people living in Albion is 27.9 years.
Albion Weather
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 34.5 inches per year, with 42.8 inches of snow per year.