About 426 N State St
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.
Features of 426 N State St
| MLS® # | 79080053164 |
|---|---|
| Price | $169,000 |
| Bathrooms | 0.00 |
| Acres | 0.18 |
| Year Built | 1970 |
| Type | Multifamily |
| Sub-Type | Victorian |
| Style | Victorian |
| Status | Active |
Community Information
| Address | 426 N State St |
|---|---|
| Area | 29022 - Alma |
| Subdivision | ORIGINAL TOWN |
| City | Alma city |
| County | Gratiot |
| State | Michigan |
| Zip Code | 48801 |
Amenities
| Parking | Attached, Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Oven, Refrigerator, Range |
|---|---|
| Heating | Natural Gas, Steam |
| Fireplace | No |
| Fireplaces | Wood Burning Stove |
School Information
| District | Alma |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | 43 NORTH REALTY |
|---|---|
| Contact Info | mkemler7@gmail.com |