119 W Downie Street Contingent

Alma,MI 48801

$ 119000

- Bed

- Bath

1158 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,158 sqft

Price per Sqft $102

Subdivision Mi

MLS Listing ID 80052066

Style 2 Story

Year Built 1949

Annual Tax Amount $4,354

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

Area Alma (29017)

Zoning Residential

Rooms

Basement Block,Full

Interior

Heating Steam

Fireplaces Type Wood Stove

Appliance Range/Oven,Refrigerator

Exterior

Exterior Feature Wood

Garage Carport

Waterfront No

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Wood

Schools

School District Alma Public Schools

Others

Ownership Corporation

Energy Description Natural Gas

Financing Cash

View More
Favorite Go Tour