426 N State Street, Alma, MI 48801
426 N State Street, Alma, MI 48801
426 N State Street, Alma, MI 48801
45
$150,000
$159,000
5.7%
Est.Price: ?

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7,840 Sqft Lot

426 N State Street Alma, MI 48801

Est. payment /mo
SOLD DATE : 04/21/2026

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Key Details

Sold Price $150,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 80053164

Sold Date 04/21/26

Year Built 1970

Annual Tax Amount $4,503

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 69.5 x 110

Property Sub-Type Multi-Family

Property Description

Prime 5-Unit Multi-Family Property Near Downtown Alma!! Looking for a great investment opportunity? This fully rented 5-unit multi-family property is located right in the heart downtown Alma, offering convenience for tenants and steady income for owners. The building features durable vinyl siding and a low-maintenance metal roof, ensuring long-term durability. Each of the five apartments is a 1-bedroom, 1-bath unit with a cozy kitchen and a main living space, perfect for singles or couples. With gross rents totaling $2,750 per month, this property is already generating strong cash flow. Its proximity to downtown Alma means tenants are close to shopping, dining, and local amenities. Don’t miss out on this ready-to-go investment! Schedule a showing today and see the potential for yourself! All measurements are approximated and should be verified by a professional. Seller is a licensed real estate broker in the State of Michigan.

Location

State MI

County Gratiot

Area Alma (29017)

Zoning Commercial

Rooms

Basement Poured

Interior

Heating Steam

Appliance Range/Oven, Refrigerator

Exterior

Parking Features Attached Garage

Building

Water Public Water

Schools

School District Alma Public Schools

Others

Ownership Corporation

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by 43 NORTH REALTY
Bought with NON MLS Member

Nearby Locations

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Mid-Mitten Realty

Mid-Mitten Realty

Broker

+1(989) 401-0027

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