426 N State Street, Alma, MI 48801

$174,000

bedrooms

bathrooms

square feet

2,800

Acreage

0.18

Open Houses

year built

Full Baths

Half Baths

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Prime 5-Unit Multi-Family Property Near Downtown Alma!! Looking for a great investment opportunity? This fully rented 5-unit multi-family property is located right in the heart downtown Alma, offering convenience for tenants and steady income for owners. The building features durable vinyl siding and a low-maintenance metal roof, ensuring long-term durability. Each of the five apartments is a 1-bedroom, 1-bath unit with a cozy kitchen and a main living space, perfect for singles or couples. With gross rents totaling $2,750 per month, this property is already generating strong cash flow. Its proximity to downtown Alma means tenants are close to shopping, dining, and local amenities. Don’t miss out on this ready-to-go investment! Schedule a showing today and see the potential for yourself! All measurements are approximated and should be verified by a professional. Seller is a licensed real estate broker in the State of Michigan.

Location
Subdivision	-
County	Gratiot
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1929756

Listing agent: Micah Kemler

Listing broker: 43 North Realty (989) 463-1219

Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, March 28 2025 at 3:10 p.m. EDT

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