KathyWerner
BEDS0
BATHS
MLS#1947570
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMI
SCHOOLAlma Public Schools
Property Description
Looking to expand your investment portfolio? This well-maintained 2-story four-plex is a fantastic opportunity just steps from downtown Alma. With a long and successful rental history, this property has consistently proven to be a strong income-producing investment. Currently, three of the four units are occupied, and the fourth has a potential tenant awaiting buyer approval, giving you the opportunity to reach full occupancy quickly. Each unit features its own electrical panel and meter, as well as a separate furnace and heat source. This setup allows tenants to pay their own utilities, helping keep operating costs low and maximizing your return. Located within walking distance of downtown shopping, restaurants, and entertainment, this property offers the convenience and location that tenants are looking for. Current market rents exceed $2,000 per month, making this an excellent opportunity for both seasoned and first-time investors. Don't miss your chance to own a proven income-producing property in one of Alma's most desirable rental locations!
Property Features
Property Type: Multi Unit - Multiple
Basement: Block, Unfinished
Home Style: 2 Story, 2 Story
Lot Size: 0.25 Acres
Roof Type: Asphalt
Year Built: 1949
Feature Descriptions
Appliance(s)/Equipment: Refrigerator, Oven/Range, Blinds, Smoke Alarms
Construction: Frame
Days on Site: 1
Exterior: Screened Porch
Heating/Cooling: Forced Air, Wall
Heating/Cooling Source: Natural Gas
Lot Dimensions: 66 x 165
Outbuilding(s): Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal
Waterfront Type: No
Local Schools
School District: Alma Public Schools
Listed By / Shown By
Listed By
Agency Name: 43 NORTH REALTY
Agency Phone: 989-463-1219
Shown By
Agent Name: Kathy Werner
Agent Phone: (419) 902-0300
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 876.92 per month $833.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.46 Homeowner's InsuranceChange Payment Information
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316 Euclid Street | MLS# 1947570
This multi-family property located at 316 Euclid Street, Alma, MI 48801 is currently listed for sale with an asking price of $149,000. Euclid Street is located within the Alma Public Schools school district. Search Alma real estate on kathywerner.ikeyrealty.com today.