426 N State Street, Alma, MI 48801

$150,000
5
BA
2,800
SqFt

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Sold Price
$150,000
List Price
$159,000
Closing Date
Apr 21, 2026
Days on Market
486
Status
SOLD CO-OP NON-MEMBER
MLS#
1929756
Bathrooms
5
Living Area
2,800
Lot Size (Acres)
0.18
Style
Victorian
Year Built
1970

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.

Additional Information

Building Name
Original Town
Taxes
$4,503
Stories
2
Interior Features
None, Cable TV, High Speed Internet
Amenities
None
Exterior Features
Sidewalk
Heating
Steam, Natural Gas
Water
Public
Sewer
Public Sewer
School District
Alma Public Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of 43 NORTH REALTY. 989-463-1219

Selling Office: NON-MLS MEMBER OFFICE.