
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
421 N State Street, AlmaCity_Gratiot, MI 48801
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$899,000
Share Listing
Home Details for 421 N State Street
Price
$899,000
Type
Commercial/Industrial
Year Build
1900
Sq. Ft.
10320
Lot Size
0.23
County
Gratiot
MLS®️ Listing#
79080050334
On exitrealty.com
347 days
Property Description
Turnkey Investment Opportunity: Fully Leased 8-Unit Apartment Building in Prime Location. Discover this exceptional investment opportunity with a fully remodeled 8-unit apartment building, generating over $67,000 in annual revenue. Consisting of six spacious 2-bedroom units and two cozy 1-bedroom units, this property has consistently performed since its complete remodel in 2015. With modern finishes, updated systems, and thoughtful design throughout, it's no wonder the building has never experienced a vacancy since reopening. Situated in a desirable, well-connected location, the property enjoys a steady stream of rental demand and boasts a waiting list of eager tenants. Each unit features updated kitchens, bathrooms, and living spaces designed for comfortable, low-maintenance living. Tenants also appreciate the convenience of off-street parking, on-site laundry, and close proximity to local amenities, schools, and shopping centers. This fully leased property offers hassle-free ownership with a proven track record of reliable income and tenant satisfaction. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare chance to acquire a stable, income-generating asset with excellent cash flow potential. Don’t miss out on this turnkey investment in a thriving rental market.
Read more
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
- Water Features
- Public
- Utilities
- Natural Gas Connected
Listing Courtesy: CENTURY 21 LEE-MAC REALTY - 989-463-6085

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
See several nearby properties
EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
See properties nearby this listing
Compare the values of homes nearby
$899,000
Share Listing
EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430