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Additional details
$ 159,000
Active
426 N State ST Alma, MI 48801
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Subdivision Original Town
MLS Listing ID 79080053164
Style Victorian
Year Built 1970
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type MultiFamily
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
Area Area29022Alma
Rooms
Basement Concrete
Interior
Heating Natural Gas, Steam
Fireplace No
Exterior
Parking Features Attached, Garage
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Alma
School District Alma
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition CorporateRelocation
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Listed by Micah Kemler of 43 NORTH REALTY