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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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999
Listed by  43 NORTH REALTY
$176,000
Est. payment /mo
3 Baths
1,700 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $103

MLS Listing ID 1948587

Year Built 1967

Lot Size 10,018 Sqft

Acres 0.23

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

Interior

Interior Features None, Cable TV, High Speed Internet

Heating Forced Air, Natural Gas

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range

Exterior

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story Two

Foundation Block

Sewer Public Sewer

Water Public

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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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