421 N State Street, Alma, MI 48801

Other
THB ฿32,223,000
USD $1,000,000
Published on: 06 Sep 2024
Last updated on: 24 Sep 2024
421 N State Street, Alma, MI 48801
421 N State Street, Alma, MI 48801
421 N State Street, Alma, MI 48801
+6
421 N State Street, Alma, MI 48801
  • 6
Property ID: 110094367480
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Key property information

Land Size
930.78 m2

None - Alma, MI

421 N State Street, Alma, MI 48801
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. Tenants also appreciate the convenience of off-street parking, on-site laundry, and close proximity to local amenities, schools, and shopping centers. This fully leased property offers hassle-free ownership with a proven track record of reliable income and tenant satisfaction. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare chance to acquire a stable, income-generating asset with excellent cash flow potential. Don’t miss out on this turnkey investment in a thriving rental market.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
930.78 m2
Building Size
958.76 m2
Year Built
1900
Rooms
1 basement(s)
Architecture Style
Other
County
Gratiot
Provider
CENTURY 21 LEE-MAC REALTY
Brokerage Office Name
CENTURY 21 LEE-MAC REALTY
Brokerage Office Phone
989-463-6085
Address
421 N State Street, Alma, MI 48801
Contact Agent
CENTURY 21 LEE-MAC REALTY
605 W WARWICK DRIVE, ALMA, MI 48801
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605 W WARWICK DRIVE, ALMA, MI 48801
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      Property ID: 110094367480

      Data provided by CENTURY 21 LEE-MAC REALTY, MLS #: 1926845
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