Description
Charming income-producing duplex in alma!! discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown alma. with over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. lower unit: -spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -monthly rent: $795 -features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. upper unit: -cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -monthly rent: $620 -perfect for tenants seeking an affordable and comfortable home close to city amenities. the property is situated just minutes from downtown alma, offering easy access to shops, dining, and entertainment. whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. don't miss this opportunity for steady income and a prime location! both tenants are on month to month leases. water/sewer and gas meters are shared, and units are separately metered for electrical. schedule your showing today (please give 24 hour notice to show). seller is a licensed real estate broker in the state of michigan.
Property Type
MultifamilyCounty
GratiotStyle
DuplexAD ID
48634801
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Property Details
-
Interior Features
Room Information
- Porches: Porch
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
Water Heater
- Natural Gas
-
Exterior Features
Building Information
- Year Built: 1900
- Building Stories: 2 Story
- Total Units: 2
- Architecture: Duplex
Exterior Features
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 0.20
- Dimensions: 66 x 132
Property Information
- SQ ft: 1200
- Subdivision: N/A
- Financing: Cash,FHA,USDA Loan (Rural Dev)
-
Listing Information
Listing Price Information
- Original List Price: $109,000
Listing Information
- Possession: At Close
- Legal Description: COM 14 RDS S & 37 1/2 RDS E OF NW COR OF SE 1/4 OF NW 1/4 SEC 3-11-3, S 10 RDS, E 4 RDS, N 10 RDS, W 4 RDS, TO BEG
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,021
- Parcel Number: 5103154800
Possession
- At Close
Legal Information
- Legal Description: Section: COM 14 RDS S & 37 1/2 RDS E OF NW COR OF SE 1/4 OF NW 1/4 SEC 3-11-3, S 10 RDS, E 4 RDS, N 10 RDS, W 4 RDS, TO BEG
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 02/21/2025 @ 11:20
- MLS: 623218714
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is recently sold, it has 1,200 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Alma , in zip code 48801, this Gratiot County Multifamily and are nearby neighborhoods.