Turnkey Duplex in Prime Downtown Alma Location Ideal for investors, this turnkey 2-story duplex comes with two long-term tenants already in place. The downstairs tenant pays $825 monthly, while the upstairs tenant pays $600 plus an additional $150 monthly for utilities. The landlord covers all utilities and handles lawn care. Located in the heart of downtown Alma, this charming property features exposed beam ceilings, beautiful wood floors in both units, and a cozy covered porch. Recent updates include a new steam boiler installed in 2024, adding modern efficiency to this classic home. Don�t miss this exceptional opportunity to own a ready-to-go and already cash flowing rental in a highly desirable area!
This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.
Courtesy: 43 NORTH REALTY
Micah Kemler
989-330-4037
Welcome to this truly TURN-KEY duplex offering the perfect blend of convenience and comfort! The owner has taken great care in ensuring this property will be well taken care of in any weather with the dry-basement system and Generac onsite generator backup for power outages. This exceptional property features a spacious 2-bedroom, 1.5-bathroom unit on the bottom floor, complemented by a cozy 1-bedroom, 1-bathroom unit on the top floor, ideal for multigenerational living or rental income. List of updates include: Reverse Osmosis Filtration System Whole House water filter Owned water softener Water Heater Furnace Nestled in a neighborhood with a great view of the river and wildlife, this home boasts built-in protections including a backup generator and a stay-dry basement system, ensuring peace of mind during any weather condition. Step outside to discover the beautifully landscaped yard with lush shrubs, offering a serene retreat for outdoor gatherings and relaxation. The fenced-in backyard provides added privacy and security for you and your loved ones. Inside, you'll find an array of upgrades including updated kitchen appliances and freshly remodeled bedrooms, bathrooms, and kitchens, providing modern convenience and style. Whether you're looking for a spacious family home or an investment opportunity, this duplex is sure to exceed your expectations. Don't miss the chance to make this exceptional property your own! Schedule a showing today and experience comfortable living.
Courtesy: 43 NORTH REALTY
Brandi Stupica
Welcome to this fantastic investment opportunity adjacent to Alma College! This charming triplex offers three one-bedroom, one-bathroom units, each with its own private entrance for added convenience and privacy. These units are highly desirable thanks to their easy access to the College, downtown dining, and uptown commerce. Ample off-street parking and in-unit washer and dryers for the downstairs units increases convenience and reduces tenant turnover. This property generates a gross monthly rent of $3,000, making this property an excellent return on investment. Don't miss out on this chance to own a valuable piece of real estate in a sought-after area. Schedule a showing with your favorite agent today! Price reduced because the parcel is in the process of division with easments added. This home is part of a portfolio of 8 of rental properties that can be purchased as a package. Please also see listings for 607 Wright, 611 Wright, 308 Park, 314 Park, 318 Park, 325 Park, and 231 N Lincoln.
Courtesy: 43 NORTH REALTY
Brandi Stupica
This spacious duplex, nestled on over half an acre next to Alma College, offers an ideal opportunity for dual living. The main floor boasts 4 bedrooms, 1 bathroom, a generous kitchen, and a sizable living room. Additionally, there's a basement and laundry room for convenience. Upstairs, you'll find a cozy 1-bedroom, 1-bathroom unit. Live in one, rent the other, and generate $2,200 in monthly income ($1,500 for the main floor, $700 for upstairs). This investment potential can help cover your living expenses while residing in a prime location. Don't miss out on this smart real estate opportunity - schedule a viewing today! Price adjusted to reflect that the parcel is being divided and easments added. This home is part of a portfolio of 8 of rental properties that can be purchased as a package. Please also see listings for 601 Wright, 611 Wright, 308 Park, 314 Park, 318 Park, 325 Park, and 231 N Lincoln.
Alma is located in Michigan. Alma, Michigan has a population of 9,426. Alma is less family-centric than the surrounding county with 21.2% of the households containing married families with children. The county average for households married with children is 26.14%.
The median household income in Alma, Michigan is $39,898. The median household income for the surrounding county is $53,347 compared to the national median of $69,021. The median age of people living in Alma is 32.4 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.9 inches per year, with 41.6 inches of snow per year.
