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!
Listed By
Agency Name: 43 NORTH REALTY
Agency Phone: 989-463-1219
Shown By
Agent Name: Caitlyn Stuart
Agent Phone: (419) 819-9401
Agency Title: Key Realty
Estimated Payment
$ 876.92 per month $833.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.46 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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 caitlynstuart.ikeyrealty.com today.