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426 State Street, Alma, MI

Price: $174,000.00
Square Ft.: 2800
Price/SQFT: $62.14

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.

Basic Information

MLS ID: 1929756
City: Alma
State: MI
ZIP: 48801
Area: Gratiot
Acres: 0.18
Square Feet: 2800

Additional Information

  • Basement: Location:
  • Business Included:
  • Lot:
  • Business Name:
  • Property Status: Active
  • Construction: Frame,Vinyl Siding
  • Documents: Sellers Disclosure,Agency Disclosure,LBP Disclosure
  • Zoning: Commercial
  • Possession: Close Of Escrow
  • Dimensions: 69.5 x 110
  • For Sale Or Lease: Residential Income
  • Directions: North on State, house on East side of street.
  • Road Frontage:
  • Days On Market: 100
  • Roofing: Metal
  • Days On MLS: 100
  • Township: City of Alma
  • Financing:
  • Water: Public
  • Floor Type:
  • Licenses:
  • Heating: Steam,Natural Gas
  • Year Built: 1970
  • Cooling:

Listing courtesy of 43 NORTH REALTY, 202 E Superior Street Alma, MI 48801

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