MI > Gratiot > Alma > 324 E Elizabeth Street

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324 E Elizabeth Street Map / directions

Alma, MI

48801 Market info

  • 4 Units
  • 2,112 SqFt
  • MLS# 1889784
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248-208-3883

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Rare opportunity with a NET income of almost $17,000 per year! This investment property has a fantastic rental history with at least two current long-term tenants. The main building consists of four 1 bedroom, 1-bathroom units (two upstairs and two downstairs). There is a main floor laundry room, but it is currently not being utilized. There is a 24x24 garage and the lot is slightly more than a half-acre which provides plenty of yard space and parking for tenants. The seller has maintained this property very well, with new shingles and plumbing upgrades about 7 years ago, 2 new wall furnaces about 3 years ago, new front porch 3 years ago and Retro-foam insulation was added throughout the crawl space. To be noted, tenants pay all utilities except the water bill.

Property Information

Status
Active 
Address
324 E Elizabeth Street 
City
Alma 
Zip
48801 
Year Built
1903 
Style
2 Story 
Possession
Negotiable 
Waterfront Desc
None 
Listing Date
07/02/2021 
County
Gratiot 
Total No of Units

School Information

School District
Alma 

Taxes

Taxes
$1,945 
Summer Taxes
$1,872 
Winter Taxes
$72 

Rooms and Land

Unit1
Bedrooms: 1 Bathrooms: 1 Finished SqFt: 400
Lot Dimensions
93.80 x 244.65 
Total Acres
0.55 

Features

Style
2 Story 
Exterior Features
None 
Basement
Entrance Outside, Full, Unfinished 
Appliances
All Units the Same, Oven/Range, Refrigerator 
Cooling
Natural Gas, Wall, Window Air Conditioner 
Heating
Natural Gas, Wall, Window Air Conditioner 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1889784 Active Jul 2 2021 2:57PM $175,000 87
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MITAAR Logo

Listing Courtesy of Century 21 Lee-Mac Realty
Office Address 605 W WARWICK DRIVE

Real Estate One Family of Companies

324 E Elizabeth Street Alma
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$175,000
For Sale • No. of Units: 4