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Listed by Micah Kemler • 43 NORTH REALTY
$ 169,000
Est. payment /mo
Price Dropped by $5K
426 N State Street Alma, MI 48801
5 Baths
2,799 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,799 sqft
Price per Sqft $60
Subdivision Mi
MLS Listing ID 1929756
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 69.5 x 110
Property Sub-Type Multi-Family
Property Description
Prime 5-Unit Multi-Family Property Near Downtown Alma!! Looking for a great investment opportunity? This fully rented 5-unit multi-family property is located right in the heart downtown Alma, offering convenience for tenants and steady income for owners. The building features durable vinyl siding and a low-maintenance metal roof, ensuring long-term durability. Each of the five apartments is a 1-bedroom, 1-bath unit with a cozy kitchen and a main living space, perfect for singles or couples. With gross rents totaling $2,750 per month, this property is already generating strong cash flow. Its proximity to downtown Alma means tenants are close to shopping, dining, and local amenities. Don't miss out on this ready-to-go investment! Schedule a showing today and see the potential for yourself! All measurements are approximated and should be verified by a professional. Seller is a licensed real estate broker in the State of Michigan.
Location
State MI
County Gratiot
Rooms
Basement Poured Concrete
Interior
Interior Features None
Heating Steam
Cooling Steam
Exterior
Exterior Feature Covered Porch, Gutters
Roof Type Metal
Road Frontage Public Maintained
Building
Water Municipal
Structure Type Vinyl Siding
Schools
School District Alma Public Schools
Others
Tax ID 51-344-592-00
Ownership Corporate Owned