ChrisRoye
BEDS0
BATHS
MLS#1946299
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMI
SCHOOLAlma Public Schools
Property Description
Investor opportunity on Alma???s south side! This top/bottom duplex offers strong potential for the right buyer looking to renovate and build equity. The property experienced a recent fire, leaving the interior as a blank slate???perfect for customizing finishes and layout to your own vision. Each unit is designed as a 2-bedroom, 1-bath, with market rents estimated between $650???$750 per month per unit once completed. With approximately 3,720 total square feet, there is plenty of space to create a solid income-producing property. Located just south of downtown Alma, this property is close to shopping, dining, and everyday conveniences, making it an attractive option for future tenants. This property will require full rehabilitation and proper permitting. Due to the condition, all potential buyers must sign a hold harmless agreement prior to entry. Seller is offering a $10,000 credit to the buyer, to be held in escrow and released upon completion of at least 50% of the reconstruction. Bring your vision and turn this property into a strong addition to your investment portfolio!
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Home Style: 2 Story, Duplex, 2 Story, Duplex
Lot Size: 0.13 Acres
Roof Type: Asphalt, Metal
Year Built: 1959
Feature Descriptions
Construction: Frame
Days on Site: 2
Exterior: Sidewalk, Landscaped, Covered Porch
Heating/Cooling: Forced Air
Heating/Cooling Source: Multiple Units, Natural Gas
Interior: Fixer-Upper
Lot Dimensions: 58 x 96
Outbuilding(s): Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal
Waterfront Type: No
Local Schools
School District: Alma Public Schools
Listed By / Shown By
Listed By
Agency Name: 43 NORTH REALTY
Agency Phone: 989-463-1219
Shown By
Agent Name: Chris Roye
Agent Phone: (219) 545-5880
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 294.53 per month $279.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $14.60 Homeowner's InsuranceChange Payment Information
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230 Ely Street | MLS# 1946299
This multi-family property located at 230 Ely Street, Alma, MI 48801 is currently listed for sale with an asking price of $50,043. Ely Street is located within the Alma Public Schools school district. Search Alma real estate on chrisroye.ikeyrealty.com today.