Property summary
This multifamily property near downtown Carlton was originally constructed in 1907 as the Carlton schoolhouse and features brick construction, wood floors, soaring ceilings, and large arched window frames that reflect its historic character. The building has an approximate gross area of 15,570 square feet, including a 5,330-square-foot basement, a 5,078-square-foot first level, and a 5,162-square-foot second level, and it has an existing mid-century apartment conversion. The property is situated on an approximately 0.72-acre lot and presents flexibility for remodeling or redevelopment, with potential for uses such as loft-style apartments, a boutique hotel, or an event venue depending on applicable approvals and zoning. The site also includes a non-used alleyway that may be capable of being vacated to support development of additional homes.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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