• 601 Wright Alma, Michigan 48801

  • $170,000
  • 0
    Bed(s)
  • 0
    Baths
  • 541
    Sq Ft
  • 0.45
    Acre

Welcome to this fantastic investment opportunity adjacent to Alma College! This charming triplex offers three one-bedroom, one-bathroom units, each with its own private entrance for added convenience and privacy. These units are highly desirable thanks to their easy access to the College, downtown dining, and uptown commerce. Ample off-street parking and in-unit washer and dryers for the downstairs units increases convenience and reduces tenant turnover. This property generates a gross monthly rent of $3,000, making this property an excellent return on investment. Don't miss out on this chance to own a valuable piece of real estate in a sought-after area. Schedule a showing with your favorite agent today! Price reduced because the parcel is in the process of division with easments added. This home is part of a portfolio of 8 of rental properties that can be purchased as a package. Please also see listings for 607 Wright, 611 Wright, 308 Park, 314 Park, 318 Park, 325 Park, and 231 N Lincoln.

Property Type :

Multifamily

Subdivision :

Oakman Aviation Field No 1

County :

Gratiot

Style :

Multifamily

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Property Details

 

Room Information

Porches: Porch

Heating & Cooling

Heating: Forced Air

Heating Fuel: Natural Gas

Water Heater

Natural Gas

Building Information

Year Built: 1949

Building Stories: 2 Story

Total Units: 3

Foundation/Basement: Basement

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Water Heat: Natural Gas

Lot Information

Lot Size: 0.45

Lot Dimensions: 305.4' x 66.04'

Property Information

SQ ft: 541

Subdivision: Scottish Heights

Financing: Cash,Trade/Exchange

Listing Price Information

Original List Price: $189,000

Listing Information

Possession: Subject To Tenant Rights

Legal Description: COM 16 RDS S OF NE COR OF SE 1/4 OF SE 1/4 OF SEC 33-12-3 W 20 RDS S 4 RDS E 20 RDS N 4 RDS TO BEGINNING.

Tax Information

Annual Tax: $2,269

Parcel Number: 5133350700

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: COM 16 RDS S OF NE COR OF SE 1/4 OF SE 1/4 OF SEC 33-12-3 W 20 RDS S 4 RDS E 20 RDS N 4 RDS TO BEGINNING.

School Information

School District: Alma

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 Jade Court, Alma, MI,48801 $292,000 3 3 1,514 0.25 Acre
1465 Wright , Alma, MI,48801 $129,900 -- -- -- 1.38 Acres
237 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.23 Acre
197 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.23 Acre
277 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.23 Acre
247 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.23 Acre
267 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.23 Acre
345 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.21 Acre
365 Gemstone , Alma, MI,48801 $12,500 -- -- -- 0.28 Acre
193 Crystal Court, Alma, MI,48801 $289,900 3 2 1,366 0.24 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/04/2024 @ 10:51

MLS: 589694615
LISTED BY: Brandi Stupica , 43 NORTH REALTY
SOURCE: Realcomp II Ltd
Buyer Agency Description: 3.5

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