316 Euclid Street, Alma, MI

$144,000

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4

Baths

1,290

Square feet

0.25

Acres

About 316 Euclid Street

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!

Features of 316 Euclid Street

MLS® # 1947570
Price $144,000
Bathrooms 4.00
Square Footage 1,290
Acres 0.25
Year Built 1949
Type Multi-Family
Sub-Type Multi Family
Status Active

Community Information

Address 316 Euclid Street
Subdivision N/A
City Alma
County Gratiot
State MI
Zip Code 48801

Amenities

Parking None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Features None, Cable TV, High Speed Internet
Appliances Refrigerator, Oven/Range
Heating Forced Air, Wall Furnace, Natural Gas
Has Basement Yes
Basement Unfinished
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Windows Blinds
Roof Asphalt
Construction Frame, Aluminum Siding
Foundation Block

School Information

District Alma Public Schools

Additional Information

Days on Market 61
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

Office43 NORTH REALTY

Listing Map

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