426 N State Street

Alma, Michigan 48801

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.18
    Acre(Lot)
$179,000

Description

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.

  • Property Type

    Multifamily

  • Subdivision

    Original Town

  • County

    Gratiot

  • Style

    Victorian

  • AD ID

    48634799

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Property Details

  • Room Information

    • Porches: Porch

    Heating & Cooling

    • Heating: Steam
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1970
    • Total Units: 5
    • Architecture: Victorian

    Exterior Features

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.18
    • Dimensions: 69.5 x 110

    Property Information

    • Subdivision: ORIGINAL TOWN
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $189,000

    Listing Information

    • Possession: At Close
    • 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

  • Tax Information

    • Annual Tax: $4,267
    • Parcel Number: 5134459200

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: 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

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.

BuyOwner last updated this listing 02/21/2025 @ 11:15

  • MLS: 623218710
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Garages 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 , it is in the ORIGINAL TOWN Subdivision, and are nearby neighborhoods.