310 W Superior Street, Alma, MI

$184,000

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3

Baths

1,700

Square feet

0.23

Acres

About 310 W Superior Street

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.

Features of 310 W Superior Street

MLS® # 1948587
Price $184,000
Bathrooms 3.00
Square Footage 1,700
Acres 0.23
Year Built 1967
Type Multi-Family
Sub-Type Multi Family
Status Active

Community Information

Address 310 W Superior Street
Subdivision James Dress Addition
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, Natural Gas
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Roof Asphalt
Construction Frame, Vinyl Siding
Foundation Block

School Information

District Alma Public Schools

Additional Information

Days on Market 36
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

Office43 NORTH REALTY

Listing Map

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