Albion MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1890
Baths:
MLS#:
284546

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.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.55 Acres
Year built:
1948
Baths:
MLS#:
24049966

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

The information being provided on this website is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of data on this site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater Lansing Association of REALTORS®. Real estate listings held by brokerage firms other than Xome Inc. are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Copyright 2024, Greater Lansing Association of REALTORS®. All rights reserved.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, noncommercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Michigan Regional Information Center, LLC. All rights reserved.
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 $103,700. 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 $103,700. Approximately 43.9% of Albion homes are owned, compared to 35.21% rented, while 20.89% 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 49224 has a population of 8,061. Albion 49224 is less family-centric than the surrounding county with 22.19% 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 49224 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 49224 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.

Albion Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    100
    30-day change

Albion Schools and Demographics

Education near Albion, MI

Metric City County
High School Graduates 89.06 91.03
College Degree - 2 year 7.36 9.19
College Degree - 4 year 18.99 21.8
Graduate Degree 4.55 5.98
Expenditures per Student 13,157 13,157
Students per Teacher 16.3 16.3

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
Calhoun County Juvenile Home 05 - 12 13 4.3 49068
Marshall Academy KG - 12 211 14.4 49068
Starr Commonwealth for Boys 06 - 12 108 9.2 49224

Demographics near Albion, MI 49224

Metric Zip Code City
Neighborhood Type Small town
Population 8,061 134,207
Population Density 1,828 190
Median Age 27.9 40
People per Household 2.6 2.5
Median Household Income 36,891 53,286
Average Income per Capita 17,467 29,385