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Listed by Micah Kemler • 43 NORTH REALTY
$ 87,000
Est. payment /mo
New
126 Holiday Alma, MI 48801
2 Baths
1,319 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,319 sqft
Price per Sqft $65
Subdivision Mi
MLS Listing ID 1939925
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 98 x 50
Property Sub-Type Multi-Family
Property Description
GREAT STARTER INVESTMENT PROPERTY!! Here's where it makes sense to begin building equity and have a tenant pay some of your loan payment! Check out this well-kept duplex on Alma's south side, offering a great investment or house-hacking opportunity! This property features two spacious 2-bedroom, 1-bath units with a total of 1,320 square feet—approximately 700 sq. ft. on the main level and 630 sq. ft. on the upper level. The main floor unit is currently vacant, ready for immediate move-in or for you to place your own tenant. Current market rent for the lower unit is around $700. The upper unit is occupied with a reliable tenant on a year lease bringing in $600 per month plus utilities, providing steady income right away. Located in a quiet neighborhood, this property is just a short walk from downtown Alma, local parks, and shopping. Whether you're looking for an affordable place to live while your tenant helps pay the mortgage, or you're expanding your rental portfolio, this duplex is a smart choice in a convenient location! Seller is a licensed real estate broker in the State of Michigan.
Location
State MI
County Gratiot
Rooms
Basement Michigan Basement, Poured Concrete, Stone
Interior
Interior Features None
Heating Forced Air, Wall
Cooling Forced Air, Wall
Exterior
Exterior Feature None
Roof Type Asphalt
Road Frontage Public Maintained, Blacktop
Building
Water Municipal
Structure Type Vinyl Siding
Schools
School District Alma Public Schools
Others
Tax ID 51-034-018-00
Ownership Private Owner