316 Euclid Street, Alma, MI 48801
316 Euclid Street, Alma, MI 48801
316 Euclid Street, Alma, MI 48801
316 Euclid Street, Alma, MI 48801
316 Euclid Street, Alma, MI 48801
316 Euclid Street, Alma, MI 48801
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David Godin

David Godin

+1(586) 416-0600
$ 149,000
Est. payment | /mo

0.25 Acres Lot

Save
$ 149,000
Est. payment | /mo
Save

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 80070643

Style 2 Story

Year Built 1949

Annual Tax Amount $2,024

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66 x 165

Property Sub-Type Multi-Family

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!

Location

State MI

County Gratiot

Area Alma (29017)

Zoning Multi-Family

Rooms

Basement Block

Interior

Interior Features Window Treatment(s)

Heating Wall Heat, Forced Air

Cooling Wall/Window A/C

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Aluminum

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Alma Public Schools

Others

Ownership Corporation

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by 43 NORTH REALTY

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

Learn More About LPT Realty

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316 Euclid Street