$1,000,000

421 N State Street, Alma, MI 48801, US

Summary

Style: None
Sq Ft: 10320
Year Built: 1900

Moving Quotes

primary photo for 421 N State Street, Alma, MI 48801, US

Remarks

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. Tenants also appreciate the convenience of off-street parking, on-site laundry, and close proximity to local amenities, schools, and shopping centers. This fully leased property offers hassle-free ownership with a proven track record of reliable income and tenant satisfaction. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare chance to acquire a stable, income-generating asset with excellent cash flow potential. Don’t miss out on this turnkey investment in a thriving rental market.

Details

MLS#: 1926845
Price: $1,000,000

Style: None
Sq Ft: 10320
Year Built: 1900

County: Gratiot
Lot Size: 0.23

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Broker Contact

CENTURY 21 LEE-MAC REALTY
605 W WARWICK DRIVE
ALMA, MI, 48801
US
! 989-463-6085

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Northern Great Lakes Realtors MLS
Last updated: 2024-09-05T18:58:47.000-04:00.
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