421 N State Street, Alma, MI, 48801
$899,000
421 N State Street, Alma, MI 48801
10,320 sqft
Building Size
10,018.8 sqft
Lot Area
Details:
Highlights:
- Roof: Asphalt / Fiberglass
- Water: Municipal Water
- Heating Fuel Type: Gas
- Exterior Description: Wood Frame
- Lot Description: Corner
- Sewer: Public
- Cooling: Central A/C
- Basement: Full
- Heating Type: Forced Air
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.
Location
Gallery
