$ 119,000
119 W Downie Alma, MI 48801
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$ 119,000
Est. payment | /mo
3,920 Sqft Lot
$ 119,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Alma
Subdivision Alma
MLS Listing ID 80052066
Originating Board MiRealSource
Year Built 1949
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 45 x 95
Property Description
Turnkey Duplex in Prime Downtown Alma Location Ideal for investors, this turnkey 2-story duplex comes with two long-term tenants already in place. The downstairs tenant pays $825 monthly, while the upstairs tenant pays $600 plus an additional $150 monthly for utilities. The landlord covers all utilities and handles lawn care. Located in the heart of downtown Alma, this charming property features exposed beam ceilings, beautiful wood floors in both units, and a cozy covered porch. Recent updates include a new steam boiler installed in 2024, adding modern efficiency to this classic home. Don’t miss this exceptional opportunity to own a ready-to-go and already cash flowing rental in a highly desirable area!
Location
State MI
County Gratiot
Rooms
Basement Full
Interior
Heating Steam
Exterior
View Y/N No
Building
Structure Type Block,Wood Siding
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by 43 NORTH REALTY
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Rick Genzink
REALTOR®