521 Richmond Street
Alma, MI 48801
- – beds
- – baths
- 1,800 sqft
- 3,920 sqft lot
- $46 per sqft
- – on site
Turnkey 2-Story Duplex with Strong Rental History Great investment opportunity! This well-maintained 2-story duplex has a solid rental history with one unit upstairs and another on the first story. The current downstairs tenant pays $700 per month, while the upstairs tenant pays $585. Each tenant handles their own water, sewer, trash, electric, and natural gas utilities, making it an easy property to manage. Landlord is responsible for lawn care and snow removal. There is a 2-car detached garage for landlord storage, or a possible additional income source to be rented for the new owner. The property boasts a cozy covered porch, and benefit from recent upgrades, including new water heaters and electrical panels installed in 2023. The property is being sold subject to tenants’ rights, and the seller is a licensed real estate broker in the State of Michigan. Don’t miss this opportunity to add a dependable income property to your portfolio!
Last checked:
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Last updated Nov 2, 2024
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MLS# 1928623 —
The Building
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Year Built:1960
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Construction:Frame
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Style:2 Story
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Roof:Asphalt
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Foundation:Full, Block, Unfinished
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Exterior Features:Covered Porch
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Exterior Finish:Wood
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:1800
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:43.3854649634522
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Longitude:-84.6541345448093
The Property
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Property Type:Duplex (2 Story)
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Lot Dimensions:91 x 41
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Acres:0.09
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Additional Buildings:None
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Zoning:Residential, Multi-Family
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Deeded Waterfront:no
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Water Features:None
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Road:Public Maintained, Blacktop
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Mineral Rights:Unknown
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Price Per SqFt:46.67
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (989) 463-1219
Taxes
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Tax ID:51-343-016-00
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Summer Taxes:$2,192.91
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Winter Taxes:$86.59
Heating & Cooling
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Heating & Cooling:Natural Gas
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Heating & Cooling:Forced Air
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, Blinds, 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:Two Car, Detached
Extra Units
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Total # of Units:2
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SqFt Unit 1:607 Sqft
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Unit A Baths:1
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Unit B Bedrooms:2
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Unit B 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 |
|---|---|---|---|---|
|
10/30/24
Oct 30, 2024
|
Listed / Active | NGLRMLS | $84,000 |
