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426 N State Street, Alma, MI 48801

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Listing Type
Multi Family
Listing Status
active
44
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Transportation
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$169,000

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Home Details for 426 N State Street
Price
$169,000
Type
Multi Family
Bedrooms
4
Year Build
1970
Sq. Ft.
2800
Lot Size
0.18
County
Gratiot
Basement
Concrete
Tax
$4,266.89
MLS®️ Listing#
1929756
On exitrealty.com
326 days
Property 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 Features
Listing Courtesy: 43 NORTH REALTY
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright ©2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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Market statistics compiled from data from Northern Great Lakes Regional MLS.
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EXIT NORTHERN SHORES REALTY
515 W Fourteenth St., Traverse City, MI 49684
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$169,000

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EXIT NORTHERN SHORES REALTY
515 W Fourteenth St., Traverse City, MI 49684
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