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521 Richmond Street, Alma, MI 48801

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For Sale

$84,000

1,800 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $46.67
    Price per square foot

  • Basement
    Rooms

Explore this Property

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, and the seller is a licensed real estate broker in the State of Michigan. Don t miss this opportunity to add a dependable income property to your portfolio!
MLS# 1928623

Courtesy Of 43 NORTH REALTY
202 E Superior Street, Alma, MI 48801
(989) 463-1219

Property Features

  • Amenities
    Dock
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.09 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 521 Richmond Street, Alma, MI 48801

Home seller CENTURY 21 Lee-Mac Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lee-Mac Realty

(989) 463-6085
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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