126 Holiday new Save Request In-Person Tour Request Virtual Tour
Alma,MI 48801
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $124
Subdivision Holiday Park
MLS Listing ID 79080063153
Style Duplex
Year Built 1950
Annual Tax Amount $2,028
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 98 x 50
Property Sub-Type Duplex
Source Central Michigan Association of REALTORS®
Property Description
GREAT STARTER INVESTMENT PROPERTY!! Here's where it makes sense to begin building equity and have a tenant pay some of your loan payment! Check out this well-kept duplex on Alma’s south side, offering a great investment or house-hacking opportunity! This property features two spacious 2-bedroom, 1-bath units with a total of 1,320 square feetâ€"approximately 700 sq. ft. on the main level and 630 sq. ft. on the upper level. The main floor unit is currently vacant, ready for immediate move-in or for you to place your own tenant. Current market rent for the lower unit is around $700. The upper unit is occupied with a reliable tenant on a year lease bringing in $600 per month plus utilities, providing steady income right away. Located in a quiet neighborhood, this property is just a short walk from downtown Alma, local parks, and shopping. Whether you’re looking for an affordable place to live while your tenant helps pay the mortgage, or you’re expanding your rental portfolio, this duplex is a smart choice in a convenient location! Seller is a licensed real estate broker in the State of Michigan.
Location
State MI
County Gratiot
Area Alma
Zoning Residential
Interior
Heating Forced Air,Wall Furnace
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Private Pool No
Building
Foundation Michigan Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Schools
School District Alma
Others
Pets Allowed Yes
Tax ID 5103401800
Ownership Private Owned
Acceptable Financing Cash,FHA,USDA Loan (Rural Dev),VA
Listing Terms Cash,FHA,USDA Loan (Rural Dev),VA
Financing Cash,FHA,USDA Loan (Rural Dev),VA