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$425,000
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2940 Cambria Rd
Cambria Township, MI 49242
37 bed 25 bath 21,038 SqFt ($20/SqFt)
20.0 acre lot. Built 1900
Listed 2023-03-24, Taxes $1,836
USDA Eligible
near Cambria, MI
 Restrictions may apply
due to home size

Latest Value Estimates: $161,000 from Collateral Analytics on 2024-04-17. Forecast Estimate Value:$163,599 in 2025-02-01 by Collateral Analytics.

Large hstoric multi-family solid brick building on 20 gorgeous acres

South of popular Hillsdale and Hillsdale College. Less than 1/4 mile to the local golf course. Previous use was 25 individual apartments with separate electric meters.

Water provided by on site water well tha t is currently functional. Contemporary roof and gutter system completed in 2022. Ready for your ideas and vision!


Presented by Michael J Krausman at
Luxury Living Real Estate.
Listing Agent Photo

Property MLS #20230018785 from Realcomp

Bedrooms: 37

Total Bathrooms: 25 / 0
Full Bathrooms: 25

Heating Features: Forced Air
Heating Fuel: Electric

Basement Description: Partially Finished

Road Frontage Type: Paved

Lot Size Acres: 20.0
Lot Size Dimensions: 930X930
Lot Size Square Feet: 871200

Parking Features: 40

Gross Scheduled Income: 300000.00

Number of Units: 25
Number of 1 Bedroom Units: 13
Number of 2 Bedroom Units: 12

School District: Hillsdale

Hillsdale High School is a public high school located approximately 2.4 miles away.
directions icon Map directions

Davis Middle School is a public elementary and middle school located approximately 2.7 miles away.
directions icon Map directions

Steamburg Amish is a private elementary and middle school located approximately 2.3 miles away.
directions icon Map directions

Pets Allowed: No

ActivationDate : 2023-03-24
Annual Tax Amount: 1788
Source Listing Status: Active
County: Hillsdale
Directions: Howell Street To Hallett Then West To Reading Avenue South, Becomes Bankers Road To Cambria Road, South About 1/2 Mile On West Side.
Source Property Type: Multifamily
Area: Cambria Twp
Source Neighborhood: Cambria Twp
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 110044000020473
Postal Code Plus 4: 9017
Zoning: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$48,500
$1,836
2021$unknown + $unknown
$46,400
$1,788
2020$unknown + $unknown
$44,300
$1,772
2019$unknown + $unknown
$43,700
$1,732
2018$unknown + $unknown
$161,400
$6,270
2017$unknown + $unknown
$166,500
$6,385
2016$unknown + $unknown
$175,300
$6,718
2015$unknown + $unknown
$188,860
$6,699
2014$unknown + $unknown
$195,230
$6,593
2013$unknown + $unknown
$195,000
$6,493
2012$unknown + $unknown
$196,360
$6,329

Price Changed 2024-04-09
$425,000
Realcomp
Price Changed 2024-02-24
$429,900
Realcomp
Price Changed 2024-02-06
$439,900
Realcomp
Price Changed 2023-10-30
$449,900
Realcomp
Price Changed 2023-10-23
$475,000
Realcomp
Price Changed 2023-09-15
$499,900
Realcomp
Price Changed 2023-09-01
$525,000
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Price Changed 2023-07-03
$525,000
Realcomp
Price Changed 2023-05-11
$550,000
Realcomp
Listed 2023-03-24
$599,900
Realcomp
Listing removed 2023-02-17
$0
MichRic
Price Changed 2023-01-11
$499,900
MichRic
Price Changed 2023-01-03
$550,000
MichRic
Listed 2022-11-08
$599,900
MichRic
Listing removed 2021-12-01
$0
MichRic
Listed 2021-08-20
$399,000
MichRic
Sold 2019-03-07
$60,000
Public Record
Listing removed 2016-03-26
$219,900
Jackson
Listed for rent 2016-03-17
$219,900
Jackson

Net Operating Income: 240000.00

Total Square Feet Living: 21038
Year Built: 1900
Construction Materials: Brick
Foundation Details: Basement, Michigan Basement
Property Age: 124
House Style: Historic, Craftsman
Total Below Grade Area: 10000

Sewer: Septic Tank (Existing)
Water Source: Well (Existing)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.