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Alma,MI 48801
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,320 sqft
Price per Sqft $87
Municipality Alma
Subdivision Alma
MLS Listing ID 80050334
Originating Board MiRealSource
Year Built 1900
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Industrial
Property Description
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. Tenan
Location
State MI
County Gratiot
Zoning Multi-Family,Commercial
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Public