426 N State Street
Alma, MI 48801
- – beds
- – baths
- 2,800 sqft
- 7,841 sqft lot
- $67 per sqft
- – on site
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.
Last checked:
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Checking…
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Last updated Dec 21, 2024
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MLS# 1929756 —
The Building
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Year Built:1970
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Year Remodeled:2020
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Construction:Frame
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Style:2+ Stories, Victorian
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Roof:Metal
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Foundation:Poured Concrete
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Exterior Features:Covered Porch, Gutters
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Exterior Finish:Vinyl Siding
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:2800
Interior
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Interior Features:None
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Fireplace and Stoves:Stove
Financial & Terms
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Terms:Conventional Mortgage, Cash
Location
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Latitude:43.379935
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Longitude:-84.661524
The Property
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Property Type:4 - Plex, Other
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Lot Dimensions:69.5 x 110
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Acres:0.18
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Additional Buildings:None
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Zoning:Commercial
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Deeded Waterfront:no
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Water Features:None
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Road:Public Maintained
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Mineral Rights:Unknown
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Price Per SqFt:67.5
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (989) 463-1219
Taxes
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Tax ID:51-344-592-00
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Summer Taxes:$3,989.65
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Winter Taxes:$277.24
Heating & Cooling
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Heating & Cooling:Natural Gas
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Heating & Cooling:Steam
Utilities
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Water:Municipal
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Sewer:Municipal
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TV/Internet:Cable TV, Cable Internet
Appliances
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Appliances:Refrigerator, Oven/Range, Natural Gas Water Heater
Schools
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School District:Alma Public Schools
The Community
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Subdivision:MI
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Development Amenities:None
Parking
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Primary Garage:Attached
Extra Units
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Total # of Units:5
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Unit A Baths:1
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Unit B Bedrooms:1
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Unit B Baths:1
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Unit C Bedrooms:1
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Unit C Baths:1
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Unit D Bedrooms:1
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Unit D Baths:1
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Unit E Bedrooms:1
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Unit E Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/21/24
Dec 21, 2024
|
Listed / Active | NGLRMLS | $189,000 | |
|
3/9/18
Mar 9, 2018
|
Listed / Active | NGLRMLS | ||
|
3/9/18
Mar 9, 2018
|
Sold | NGLRMLS |
