426 N State ST Active

Alma,MI 48801

$ 169000

- Bed

- Bath

- SqFt


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

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

Interior

Heating NaturalGas, Steam

Exterior

Parking Features Attached,Garage

View Y/N No

Building

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Alma

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition CorporateRelocation

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