316 Euclid, Alma, MI 48801

Alma
Local realty services provided by:ERA Prime Real Estate Group
316 Euclid,Alma, MI 48801
$149,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: micah kemler
Office: 43 north realty
MLS#:79080070643
Source:MI_REALCOMP

Price summary

  • Price:$149,000

About this home

Looking to expand your investment portfolio? This well-maintained 2-story four-plex is a fantastic opportunity just steps from downtown Alma. With a long and successful rental history, this property has consistently proven to be a strong income-producing investment. Currently, three of the four units are occupied, and the fourth has a potential tenant awaiting buyer approval, giving you the opportunity to reach full occupancy quickly. Each unit features its own electrical panel and meter, as well as a separate furnace and heat source. This setup allows tenants to pay their own utilities, helping keep operating costs low and maximizing your return. Located within walking distance of downtown shopping, restaurants, and entertainment, this property offers the convenience and location that tenants are looking for. Current market rents exceed $2,000 per month, making this an excellent opportunity for both seasoned and first-time investors. Don't miss your chance to own a proven...

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Home facts

  • Year built:1949
  • Listing ID #:79080070643
  • Added:15 day(s) ago
  • Updated:July 16, 2026 at 10:06 AM

Rooms and interior

  • Basement Description:Block

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Forced Air, Natural Gas, Wall Furnace

Structure and exterior

  • Year built:1949
  • Lot area:0.25 Acres
  • Construction Materials:Aluminum Siding
  • Exterior Features:Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$149,000
  • Tax amount:$2,024

Features and amenities

  • Appliances:Oven, Range, Refrigerator
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