310 W Superior ST, Alma, MI 48801
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310 W Superior ST, Alma, MI 48801
310 W Superior ST, Alma, MI 48801
310 W Superior ST, Alma, MI 48801
310 W Superior ST, Alma, MI 48801
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$ 189,000
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310 W Superior ST Alma, MI 48801

560 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 560 sqft

Subdivision James Dress Addition

MLS Listing ID 79080071634

Year Built 1967

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type MultiFamily

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

County Gratiot

Area Area29022Alma

Rooms

Basement Block

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

View Y/N No

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Alma

Others

Acceptable Financing Cash, FHA, UsdaLoan, VaLoan

Listing Terms Cash, FHA, UsdaLoan, VaLoan

Special Listing Condition CorporateRelocation


Realcomp MLS
Listed by Micah Kemler of 43 NORTH REALTY
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310 W Superior ST