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426 N State St Alma, MI 48801

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For Sale
Contract
$159,000

Fully rented five-unit property near downtown Alma, Michigan.

Lot size:
0.18 Acres

Property Features for 426 N State St

General Information

Property type
Investment
Standard status
Contract
Lot size
0.18 Acres

Building Details

Year built
1970

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Listing Contact
Micah Kemler
Source: Elliman

Listing Agency: 43 NORTH REALTY Listing Agent: Micah Kemler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Five-Unit Multifamily Property in Alma

This is a fully rented five-unit multifamily property located in downtown Alma. Each of the five apartments features one bedroom and one bathroom, along with a kitchen and a main living space. The building has vinyl siding and a metal roof. The property generates $2,750 per month in gross rents. The property's location provides tenants with proximity to shopping, dining, and local amenities.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
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City
Alma
County
Gratiot
State
Michigan
Longitude
-84.661363
Latitude
43.379896

FAQs

What type of property is this?
Apartment building - Fully rented five-unit property near downtown Alma, Michigan.
Where is this apartment building located?
The property is located at 426 N State St Alma, MI.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: - Fully rented 5-unit multi-family property generating $2,750/month in gross rents.; - Prime location in the heart of downtown Alma, close to shopping, dining, and amenities.; - Low-maintenance metal roof and durable vinyl siding.
More about this property
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