316 Euclid St

Alma, MI 48801
  • $144,000

    Price
  • 0.25

    Acre

About the Listing 79000000071442 - 79000000584948

Looking to expand your investment portfolio? This well-maintained 2-story four-plex is a fantastic opportunity just steps from downtown Alma. With a long and successful rental history, this property has consistently proven to be a strong income-producing investment. Currently, three of the four units are occupied, and the fourth has a potential tenant awaiting buyer approval, giving you the opportunity to reach full occupancy quickly. Each unit features its own electrical panel and meter, as well as a separate furnace and heat source. This setup allows tenants to pay their own utilities, helping keep operating costs low and maximizing your return. Located within walking distance of downtown shopping, restaurants, and entertainment, this property offers the convenience and location that tenants are looking for. Current market rents exceed $2,000 per month, making this an excellent opportunity for both seasoned and first-time investors. Don't miss your chance to own a proven income-producing property in one of Alma's most desirable rental locations!

Listing Highlights

Status Active
Days on Site 86
Property Type Multi-Family
MLS ® 79080070643
Year Built 1949
Lot/Acreage 0.25
County Gratiot
Neighborhood N/A
Area Alma
School District Alma

Interior Details

  • Appliances:
  • Air Cond: Wall Unit(s)
  • Heating: Forced Air,Wall Furnace,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Basement
  • Other: 2 Story,Forced Air,Wall Furnace
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 66 x 165
  • Zoning: Multi-Family
  • Roof:
  • Others: Aluminum
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $2,024
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5103202300
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

316 Euclid St Alma, MI 48801

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Originating MLS: Central Michigan Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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