$ 84,000
521 Richmond Alma, MI 48801
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$ 84,000
Est. payment | /mo
3,920 Sqft Lot
$ 84,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Alma
Subdivision Alma
MLS Listing ID 80052058
Originating Board MiRealSource
Year Built 1960
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 91 x 41
Property Description
Turnkey 2-Story Duplex with Strong Rental History Great investment opportunity! This well-maintained 2-story duplex has a solid rental history with one unit upstairs and another on the first story. The current downstairs tenant pays $700 per month, while the upstairs tenant pays $585. Each tenant handles their own water, sewer, trash, electric, and natural gas utilities, making it an easy property to manage. Landlord is responsible for lawn care and snow removal. There is a 2-car detached garage for landlord storage, or a possible additional income source to be rented for the new owner. The property boasts a cozy covered porch, and benefit from recent upgrades, including new water heaters and electrical panels installed in 2023. The property is being sold subject to tenants’ rights,
Location
State MI
County Gratiot
Rooms
Basement Full
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Block,Wood Siding
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by 43 NORTH REALTY