$146,000
$155,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1,209 SqFt
SOLD DATE : 03/01/2023
Key Details
Sold Price $146,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,209 sqft
Price per Sqft $120
Subdivision City Of Alma
MLS Listing ID 79001334902
Sold Date 03/01/23
Style Duplex
Originating Board Central Michigan Association of REALTORS®
Year Built 1900
Annual Tax Amount $3,081
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 44 x 158.40
Property Description
Check out this duplex and commercial building located in the heart of downtown Alma. They produce an immediate income of just over $2000.00 per month! The first property is a fully rented duplex with a 1-bedroom unit upstairs and a large 2-bedroom unit on the main level. The upstairs is occupied by a long-term tenant who is month to month and the downstairs tenant is on a one-year lease that expires in May. There is a full basement with laundry access. The other property is a 616 square foot commercial building with a 336 square foot attached garage. Has been used in the past as a dental lab and currently is occupied by a tenant with a lease that expires in February of 2024. The commercial building has been recently remodeled and features new flooring, renovated  ½ bath, and heated garage. There are designated parking spaces, an adjoining city parking lot, and street parking.
Location
State MI
County Gratiot
Area Alma
Zoning Commercial,Multi-Family
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Porch Porch
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 1 1/2 Story
Structure Type Other
Schools
School District Alma
Others
Pets Allowed Yes
Tax ID 5103128600
Ownership Private Owned
Acceptable Financing Cash, FHA
Listing Terms Cash, FHA
Financing Cash,FHA
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States