Albion MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,708
Status:
NEW LISTING
Beds:
n/a
Lot size:
1.55 Acres
Year built:
1948
Baths:
MLS#:
70432411

ADDITIONAL INFORMATION

This spacious multi-family home in Jackson County offers 3 units, making it an ideal investment property! The front unit features 1 bedroom with a possible 2nd, 2 bathrooms, a large kitchen, dining room, living room, laundry, storage room, and a 1.5-car garage. The second unit, located upstairs, includes 2 bedrooms, 1 bath, a living room with a closet, and a kitchen. The back unit offers 1 bedroom, 1 bath, a kitchen, living room, and closet space. Large Carport. Natural gas heating throughout, with a new roof on the back and the remainder from 2008. Sale includes parcel 000-06-31-401-003-02. Situated on 1.55 acre lot. Needs TLC and is being sold ''as is''. Close to Albion, 10 minutes from both Marshall & Jackson.

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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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Albion Real Estate

The median home value in Albion, MI is $153,000. This is higher than the county median home value of $98,100. The national median home value is $219,700. The average price of homes sold in Albion, MI is $153,000. Approximately 48.21% of Albion homes are owned, compared to 32.97% rented, while 18.83% 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 8,263. Albion is less family-centric than the surrounding county with 16.18% of the households containing married families with children. The county average for households married with children is 25.87%.

The median household income in Albion, Michigan is $29,457. The median household income for the surrounding county is $46,213 compared to the national median of $57,652. The median age of people living in Albion is 29.1 years.

Albion Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 35 inches per year, with 41.3 inches of snow per year.

Albion Real Estate Market Conditions

  • Median sales price

    $153,000
    15.33% change since last quarter
  • # Active listings

    96
    30-day change

Albion Schools and Demographics

Education near Albion, MI

Metric City County
High School Graduates 86.27 91.05
College Degree - 2 year 8.98 8.91
College Degree - 4 year 17.25 20.98
Graduate Degree 6.33 5.47
Expenditures per Student 14,270 14,777
Students per Teacher 13.2 18.3

Elementary Schools near Albion, MI

School Grades Students P/T Ratio ZIP
Albion Community School PK - 08 543 16.1 49224
Concord Elementary School KG - 05 284 16.2 49237
Gordon Elementary School PK - 05 292 16 49068
Hughes Elementary School PK - 05 295 16.7 49068
Mar Lee School KG - 08 303 14.7 49068
Parma Elementary School PK - 05 414 19.1 49269
Springport Elementary School KG - 05 432 18 49284
Walters Elementary School PK - 05 339 17 49068

Middle Schools near Albion, MI

School Grades Students P/T Ratio ZIP
Albion High School 07 - 08 256 10.1 49224
Concord Middle School 06 - 08 181 20.1 49237
Marshall Middle School 06 - 08 496 17.1 49068
Springport Middle School 06 - 08 238 18.4 49284
Western Middle School 06 - 08 665 17.5 49269

High Schools near Albion, MI

School Grades Students P/T Ratio ZIP
Concord High School 09 - 12 255 20.6 49237
Marshall High School 09 - 12 867 19.8 49068
Springport High School 09 - 12 285 17.7 49284
Western High School 09 - 12 891 20.2 49269

Ungraded Schools near Albion, MI

School Grades Students P/T Ratio ZIP
* Marshall Alternative High School 09 - 12 106 15.4 49224
Marshall Academy KG - 12 211 14.4 49068
Starr Commonwealth for Boys 06 - 12 108 9.2 49224

Demographics near Albion, MI

Metric City County
Neighborhood Type Suburban
Population 8,263 134,327
Population Density 1,874 190
Median Age 29.1 39.9
People per Household 2.3 2.4
Median Household Income 29,457 46,213
Average Income per Capita 15,299 24,859