$109,000
$119,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
119 W Downie Street Alma, MI 48801
1,158 SqFt
Key Details
Sold Price $109,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,158 sqft
Price per Sqft $94
Subdivision Mi
MLS Listing ID 80052066
Sold Date 12/13/24
Style 2 Story
Year Built 1949
Annual Tax Amount $4,354
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 45 x 95
Property Description
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!
Location
State MI
County Gratiot
Area Alma (29017)
Zoning Residential
Rooms
Basement Block, Full
Interior
Heating Steam
Fireplaces Type Wood Stove
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Wood
Parking Features Carport
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Alma Public Schools
Others
Ownership Corporation
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with 43 NORTH REALTY