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Property profile & analytics
OFF-MARKET
Commercial real estate

330 Grand St Schoolcraft, MI 49087

3,460 SF 0.42 ac lot Built 1870
Property ID
US43-4157324
Property summary
AI-generated overview

This fully occupied four-unit apartment building presents a compelling investment opportunity in Schoolcraft, Michigan. Located on a 0.42-acre lot at the corner of Grand Street (US-131) and Lovell Street, this property offers excellent visibility and accessibility. The building, constructed in 1870, comprises 3,460 square feet across two stories. The layout includes two two-bedroom, one-bathroom units on the first floor and two one-bedroom, one-bathroom units on the second floor. Currently, all units are occupied, with one first-floor unit owner-occupied. The property is zoned B-1 and features a Kalamazoo County address with the APN 391419140090. This multifamily property offers a strong cash flow potential and benefits from its established tenancy and desirable location. Prospective buyers should schedule showings in advance and refrain from directly contacting tenants. The asking price for this exceptional investment opportunity is $279,000.

Property profile
Verified
Property type Commercial real estate
Year built 1870
Total area 3,460 SF
Lot 0.42 ac (18,295 SF)
APN 391419140090
UPID US43-4157324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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