$104,000
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236 Ely ST Alma, MI 48801
1,200 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $80
MLS Listing ID 79080053182
Sold Date 03/28/25
Style Duplex
Year Built 1900
Property Sub-Type MultiFamily
Property Description
Charming Income-Producing Duplex in Alma!! Discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown Alma. With over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. Lower Unit: -Spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -Monthly rent: $795 -Features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. Upper Unit: -Cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -Monthly rent: $620 -Perfect for tenants seeking an affordable and comfortable home close to city amenities. The property is situated just minutes from downtown Alma, offering easy access to shops, dining, and entertainment. Whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. Don't miss this opportunity for steady income and a prime location! Both tenants are on month to month leases. Water/sewer and gas meters are shared, and units are separately metered for electrical. Schedule your showing today (Please give 24 hour notice to show). Seller is a licensed real estate broker in the State of Michigan.
Location
State MI
County Gratiot
Area Area29022Alma
Rooms
Basement Block
Interior
Heating ForcedAir, NaturalGas
Fireplaces Type WoodBurningStove
Exterior
View Y/N No
Building
Foundation Block
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Alma
Others
Acceptable Financing Cash, FHA, UsdaLoan
Listing Terms Cash, FHA, UsdaLoan
Special Listing Condition CorporateRelocation
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