Alma, MI 48801,236 Ely Street

$96,000

$104,000

7.7%
Est.Price: ?

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Est. payment /mo

1,200 SqFt


SOLD DATE : 03/28/2025

Key Details

Sold Price $96,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $80

MLS Listing ID 79080053182

Sold Date 03/28/25

Style Duplex

Originating Board Central Michigan Association of REALTORS®

Year Built 1900

Annual Tax Amount $3,021

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66 x 132

Property Sub-Type Duplex

Property Description

Charming Income-Producing Duplex in Alma!! Discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown Alma. With over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. Lower Unit: -Spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -Monthly rent: $795 -Features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. Upper Unit: -Cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -Monthly rent: $620 -Perfect for tenants seeking an affordable and comfortable home close to city amenities. The property is situated just minutes from downtown Alma, offering easy access to shops, dining, and entertainment. Whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. Don't miss this opportunity for steady income and a prime location! Both tenants are on month to month leases. Water/sewer and gas meters are shared, and units are separately metered for electrical. Schedule your showing today (Please give 24 hour notice to show). Seller is a licensed real estate broker in the State of Michigan.

Location

State MI

County Gratiot

Area Alma

Zoning Multi-Family

Interior

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Porch Porch

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Schools

School District Alma

Others

Pets Allowed Yes

Tax ID 5103154800

Ownership Corporate/Relocation

Acceptable Financing Cash, FHA, USDA Loan (Rural Dev)

Listing Terms Cash, FHA, USDA Loan (Rural Dev)

Financing Cash,FHA,USDA Loan (Rural Dev)

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Realcomp MLS
Listed by Micah Kemler of 43 NORTH REALTY
Bought with 43 NORTH REALTY

GET MORE INFORMATION

agent
JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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