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Alma, MI 48801,421 N State Street
Alma, MI 48801,421 N State Street
Alma, MI 48801,421 N State Street
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$899,000
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10,320 SqFt
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421 N State Street Alma, MI 48801

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Chris Buckely

Chris Buckely

+1(312) 313-5553

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 10,320 sqft

Price per Sqft $87

Municipality Alma

Subdivision Alma

MLS Listing ID 80050334

Year Built 1900

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Industrial

Source MiRealSource

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. Tenan

Location

State MI

County Gratiot

Zoning Multi-Family,Commercial

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Sewer Public

Listed by CENTURY 21 LEE-MAC REALTY

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agent

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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421 N State Street

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