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19937599
19937600

421 N State Street, Alma, MI 48801

BF
MI 6506049037
CENTURY 21 Lee-Mac Realty
AV
MI 6506046950
CENTURY 21 Lee-Mac Realty
Listed by CENTURY 21 Lee-Mac Realty
$899,000
639 days on market
Updated 58 days ago
Opportunity zone

421 N State Street, Alma, MI, 48801

Details
Property Type Special Purpose
Sub Type Other
Square Footage 10,320
Lot Size (SqFt) 10,018.8

Special Purpose | 10,320 SqFt

Marketing description

S. on Woodworth from Superior. 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.
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Listing Contacts

BF
MI 6506049037
CENTURY 21 Lee-Mac Realty
AV
MI 6506046950
CENTURY 21 Lee-Mac Realty
Listed by CENTURY 21 Lee-Mac Realty

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Additional Information

Name
Bob Fall
License
6506049037
Brokerage Address
605 Warwick Drive
Name
Adam Vibber
License
6506046950
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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