Alma, MI 48801,521 Richmond
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Alma, MI 48801,521 Richmond
Alma, MI 48801,521 Richmond
Alma, MI 48801,521 Richmond
Alma, MI 48801,521 Richmond
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Active Under Contract

521 Richmond Alma, MI 48801

3,920 Sqft Lot


UPDATED:

11/07/2024 02:10 AM

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

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

Jennifer Rodgers

Broker | License ID: 6505414638

+1(517) 398-2541

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521 Richmond