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Listed by Cody Nevins • AMERICA'S CHOICE REALTY LLC
$ 499,000
Est. payment /mo
Active
5705 N State Road Alma, MI 48801
4 Baths
2,578 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,578 sqft
Price per Sqft $193
Subdivision Mi
MLS Listing ID 1922176
Lot Size 3.450 Acres
Acres 3.45
Lot Dimensions 200x200x99x460x264x396
Property Sub-Type Multi-Family
Property Description
This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.
Location
State MI
County Gratiot
Rooms
Basement Slab
Interior
Interior Features Storage Space, Drywall
Heating Forced Air, Wall
Cooling Forced Air, Wall
Exterior
Exterior Feature Countryside View
Roof Type Asphalt
Road Frontage Public Maintained, Blacktop
Building
Water Private Well
Structure Type Vinyl Siding
Schools
School District Alma Public Schools
Others
Tax ID 29-01-001-012-01
Ownership Private Owner