Alma MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
672
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1967
Baths:
MLS#:
80050084
Subdivision:
NA

ADDITIONAL INFORMATION

Great income opportunity! This Duplex features on the main level a 2-bedroom 1 bath unit with a back deck area looking over the large back yard. Upper-level unit features 1 bedroom 1 bath with a large living room and kitchen. Both units are currently rented on a month-to-month basis for a total of $1025/month. Updates include: metal roof, vinyl siding, hot water heater and 2 new windows.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.45 Acres
Year built:
1949
Baths:
MLS#:
79080011421
Subdivision:
Scottish Heights

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.45 Acres
Year built:
1890
Baths:
MLS#:
79080011407
Subdivision:
Scottish Heights

ADDITIONAL INFORMATION

This spacious duplex, nestled on over half an acre next to Alma College, offers an ideal opportunity for dual living. The main floor boasts 4 bedrooms, 1 bathroom, a generous kitchen, and a sizable living room. Additionally, there's a basement and laundry room for convenience. Upstairs, you'll find a cozy 1-bedroom, 1-bathroom unit. Live in one, rent the other, and generate $2,200 in monthly income ($1,500 for the main floor, $700 for upstairs). This investment potential can help cover your living expenses while residing in a prime location. Don't miss out on this smart real estate opportunity - schedule a viewing today! Price adjusted to reflect that the parcel is being divided and 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 601 Wright, 611 Wright, 308 Park, 314 Park, 318 Park, 325 Park, and 231 N Lincoln.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.



Alma Real Estate

The median home value in Alma, MI is $163,250. This is higher than the county median home value of $89,500. The national median home value is $219,700. The average price of homes sold in Alma, MI is $163,250. Approximately 52.64% of Alma homes are owned, compared to 39.64% rented, while 7.71% are vacant. Alma real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Alma real estate agent to arrange a tour today!

Alma, Michigan has a population of 9,108. Alma is less family-centric than the surrounding county with 23.74% of the households containing married families with children. The county average for households married with children is 26.39%.

The median household income in Alma, Michigan is $33,090. The median household income for the surrounding county is $42,256 compared to the national median of $57,652. The median age of people living in Alma is 30.7 years.

Alma Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.8 inches per year, with 39.5 inches of snow per year.

Alma Real Estate Market Conditions

  • Median sales price

    $163,250
    7.52% change since last quarter
  • # Active listings

    92
    30-day change

Alma Schools and Demographics

Education near Alma, MI

Metric City County
High School Graduates 93.75 89.89
College Degree - 2 year 7.67 8.38
College Degree - 4 year 24.57 14.72
Graduate Degree 9.27 4.64
Expenditures per Student 10,141 12,476
Students per Teacher 18.4 19.7

Elementary Schools near Alma, MI

School Grades Students P/T Ratio ZIP
Breckenridge Elementary School PK - 05 319 14.6 48615
Carrie Knause Early Childhood Learning Center PK - 02 243 19.4 48880
Eugene M. Nikkari Elementary 03 - 05 251 20.1 48880
Hillcrest Elementary School 02 - 03 338 17.2 48801
LUCE Road Elementary School PK - 01 324 14.7 48801
Morey Montessori Public School Academy PK - 08 135 15 48883
North Elementary School 03 - 06 354 18.1 48847
Shepherd Elementary School KG - 05 699 18.4 48883
South Elementary School KG - 02 249 13.5 48847

Middle Schools near Alma, MI

School Grades Students P/T Ratio ZIP
Donald L. Pavlik Middle School 06 - 08 546 19.8 48801
Pine Avenue Elementary School 04 - 05 339 19.5 48801
Shepherd Middle School 06 - 08 395 18.6 48883
T.S. Nurnberger Middle School 06 - 08 252 14.8 48880

High Schools near Alma, MI

School Grades Students P/T Ratio ZIP
Alma Senior High School 09 - 12 642 18.8 48801
Breckenridge High School 06 - 12 409 18.2 48615
Ithaca High School 07 - 12 616 20.5 48847
Shepherd High School 09 - 12 513 21.1 48883
St. Louis High School 09 - 12 375 18.8 48880

Ungraded Schools near Alma, MI

School Grades Students P/T Ratio ZIP
* Ithaca Ischool Alternative 08 - 12 158 48847
A.I.M. 06 - 12 38 40.9 48615

Demographics near Alma, MI

Metric City County
Neighborhood Type Small Town
Population 9,108 41,319
Population Density 1,546 73
Median Age 30.7 39
People per Household 2.1 2.4
Median Household Income 33,090 42,256
Average Income per Capita 18,098 20,597