Patricia Rader
REALTOR®
BEDS0
BATHS
MLS#1948587
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMI
SCHOOLAlma Public Schools
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Block
Home Style: 2 Story, 2 Story
Lot Size: 0.23 Acres
Roof Type: Asphalt
Year Built: 1967
Feature Descriptions
Appliance(s)/Equipment: Refrigerator, Oven/Range
Construction: Frame
Days on Site: 11
Exterior: Covered Porch
Heating/Cooling: Forced Air
Heating/Cooling Source: Natural Gas
Lot Dimensions: 91 X 165
Outbuilding(s): Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal
Waterfront Type: No
Local Schools
School District: Alma Public Schools
Listed By / Shown By
Listed By
Agency Name: 43 NORTH REALTY
Agency Phone: 989-463-1219
Shown By
Agent Name: Patricia Rader
Agent Phone: (419) 967-0018
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,112.34 per month $1,057.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $55.13 Homeowner's InsuranceChange Payment Information
Patricia Rader
Cell: (419) 967-0018
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310 Superior Street W | MLS# 1948587
This multi-family property located at 310 Superior Street W, Alma, MI 48801 is currently listed for sale with an asking price of $189,000. Superior Street W is located within the Alma Public Schools school district. Search Alma real estate on www.callrader.com today.