310 W Superior Street, Alma, MI 48801
310 W Superior Street, Alma, MI 48801
310 W Superior Street, Alma, MI 48801
310 W Superior Street, Alma, MI 48801
310 W Superior Street, Alma, MI 48801
310 W Superior Street, Alma, MI 48801
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 184,000
Est. payment | /mo

560 SqFt

Save
$ 184,000
Est. payment | /mo
Save

560 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 560 sqft

Price per Sqft $328

Subdivision Mi

MLS Listing ID 80071634

Style 2 Story

Year Built 1967

Annual Tax Amount $4,948

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 91 X 165

Property Sub-Type Multi-Family

Property Description

Ready to start or add the perfect multi-unit property to your investment portfolio in the heart of downtown Alma? Well, look no further! Check out this well-maintained, income-producing triplex in one of Alma’s most desirable rental locations. Generating nearly $2,100 per month in rental income, this property has a proven track record of strong occupancy and consistent cash flow, with all three units enjoying an excellent rental history. Location is everything, and this property definitely checks that box! Situated in the heart of downtown Alma, tenants can walk to Alma College, downtown shopping, coffee shops, restaurants, churches, convenience stores, and many other local amenities, making it highly attractive to renters year after year. Each of the three one-bedroom, one-bathroom apartments offers convenient living spaces, including two main-floor units and a spacious upper-level unit. The property features separate gas and electrical meters for each apartment, keeping landlord expenses low, and maximizing cashflow. The owner is responsible for only one monthly utility bill covering water/sewer and trash service, making this an efficient and easy-to-manage investment. Whether you’re looking to expand your investment portfolio or purchase your first income property, this turnkey triplex offers the ideal combination of location, strong rental history, and dependable income. Seller is a licensed real estate broker in the State of Michigan.

Location

State MI

County Gratiot

Area Alma (29017)

Zoning Multi-Family,Residential

Rooms

Basement Block

Interior

Heating Forced Air

Appliance Range/Oven, Refrigerator

Building

Story 2 Story

Water Public Water

Schools

School District Alma Public Schools

Others

Ownership Corporation

Energy Description Natural Gas

Financing Cash,FHA,VA,Rural Development

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by 43 NORTH REALTY
Nearby Locations
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN 55432, USA

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310 W Superior Street