Multifamily For Sale

$399,000

When do you want to see it?

2940 Cambria Road
Hillsdale, MI 49242

  • – beds
  • – baths
  • – sqft
  • ~20 acre lot
  • 1900 build
  • on site

Development and investment opportunity in Hillsdale MI. Iconic and historic landmark building with the potential for 25 apartments, a hotel, or an Air B&B condo. All sitting on 20 beautiful acres with pond and wooded areas. 4 apartments are inhabited. The 21,038 Sq Ft Building does need renovations but the potential is there to save this structure and capitalize on your investment. The land has a pond, cleared areas for gardening, wildlife is everywhere but you are just outside of the city limits. There is even a golf course around the corner and the views are outstanding from many of the potential units. Hillsdale is a wonderful and quaint farming community, one of the oldest in Michigan. Hillsdale college supports a steady stream of rental demand. Buyers need to be preapproved.

REALCOMP logo Listing courtesy of REALCOMP / Trophy Class Real Estate Inc

Last checked: Checking… • Last updated Oct 9, 2021 •

MLS# 71021101625 —

Amenities & Taxes

The Building

Year Built:
1900
Construction Materials:
Brick
Roof Material:
Composition, Rubber
Number Of Units Total:
25

Interior

Features:
Cable Available
Basement:
Yes
Basement Type:
Walkout Access

Financial & Terms

Land Contract:
Yes
Short Sale:
Unknown

Location

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

The Property

Parcel Number:
110044000020473
Zoning:
Commercial
Property Type:
Multifamily
Lot Size Dimensions:
892x975
Lot Size Area:
20.00
Frontage Feet:
891
Road Frontage Type:
Paved, Pub. Sidewalk
Waterfront:
Yes
Waterfront Name:
Pond
Waterfront Description:
Pond, Lake/River Priv, Private Water Frontage
Water Frontage Feet:
500

Listing Agent

Contact info:

Taxes

Tax Amount Summer:
$1,773
Total Tax:
$1,773

The Listing

Tour URL Unbranded:
2021-10-04T09:38:57.803
Virtual Tour

Heating & Cooling

Heating:
Forced Air, Hot Water
Heating Fuel:
Electric

Utilities

Sewer:
Septic-Existing
Water Source:
Well-Existing

Schools

School District:
Hilsdale

Parking

Total Parking:
30

IDX provided courtesy of Realcomp II Ltd., via Estately and West Michigan Lakeshore Association of REALTORS®, © 2021 Realcomp II Ltd. Shareholders

REALCOMP logo Trophy Class Real Estate Inc

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2021 Realcomp II Ltd. Shareholders

Schools

Rating Details

Hillsdale High School

  • Public
  • 9-12
  • 2.4 mi

Bailey Elementary School

  • Public
  • K-5
  • 2.5 mi

Davis Middle School

  • Public
  • K-8
  • 2.7 mi

Horizon Alternative School

  • Public
  • 9-12
  • 2.7 mi

Gier Elementary School

  • Public
  • K-5
  • 2.9 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

Explore the Area

Map View Options

My Commute

WalkScore®

Provided by WalkScore® Inc.

Max Internet Speed

XFINITY from Comcast

Provided by BroadbandNow®

View a full report

Sale history

Date Event Source Price % Change
8/20/21
Listed / Active REALCOMP $399,000 565.0% (229.7% / YR)
3/6/19
REALCOMP $60,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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2940 Cambria Road
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Yes, in submitting this request I am asking Estately and their designated agent to contact me with more information. Estately may share my information so that I may be contacted about my real estate needs.

This multifamily located in MI 49242 is currently for sale for $399,000. 2940 Cambria Road is a – square foot multifamily with – beds and – baths that has been on Estately for 68 days. This multifamily is in the attendance area of Hillsdale High School, Bailey Elementary School, Davis Middle School, Horizon Alternative School, and Gier Elementary School.

IDX provided courtesy of Realcomp II Ltd., via Estately and West Michigan Lakeshore Association of REALTORS®, © 2021 Realcomp II Ltd. Shareholders

REALCOMP logo Trophy Class Real Estate Inc

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2021 Realcomp II Ltd. Shareholders

Copyright © 2021 Estately, Inc. Data displayed here has not been verified by Estately.