426 N State Street
Alma, MI 48801
- ā beds
- ā baths
- ā sqft
- 7,841 sqft lot
- 1970 build
- – 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. DonĆĀ¢Ć¢āĀ¬Ć¢āĀ¢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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Last updated Mar 14, 2025
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MLS# 79080053164 ā
This property is listed in more than one place. See it here.
The Building
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Year Built:1970
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Architectural Style:Victorian
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Basement:Concrete
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Basement:false
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Patio And Porch Features:Porch
Interior
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Fireplace Features:WoodBurningStove
The Property
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Parcel Number:5134459200
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.18
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Lot Size Dimensions:69.5 x 110
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Zoning Description:Commercial
Listing Agent
- Contact info:
- Agent phone:
- (989) 463-1219
- Office phone:
- (989) 463-1219
Taxes
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Tax Legal Description:ORIGINAL TOWN, COM 56 FT S OF NW COR OF LOT 12, TH S 69 1/2 FT E 110 FT N 69 1/2 FT W 110 FT TO BEG, BLOCK 21 426 N STATE ST
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Tax Assessed Value:63207
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Tax Annual Amount:4266.89
Heating & Cooling
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Heating:NaturalGas, Steam
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Oven, Refrigerator, Range
Schools
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High School District:Alma
The Community
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Subdivision Name:ORIGINAL TOWN
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Waterfront:false
Parking
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Parking Features:Attached, Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Central Michigan Association of REALTORS, Ā© 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTORĀ® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. Ā©2025 Realcomp II Ltd. Shareholders.
Walk ScoreĀ®
Provided by WalkScoreĀ® 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 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® 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 (Bikerās Paradise).
Max Internet Speed
Provided by BroadbandNowĀ®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/17/25
Feb 17, 2025
|
Listed / Active | REALCOMP | $179,000 |
