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316 Euclid

Alma, MI 48801
  • $149,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 1947570
UPDATED: 21 min ago
$149,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

School District:

Description

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 income-producing property in one of Alma's most desirable rental locations!

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-13T23:51:23.12.
www.sellsmi.com/homes/178434814
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316 Euclid Alma, MI 48801

  • Price: $149,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 21 min ago
  • MLS #: 1947570
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1949
Built
Neighborhood:
N/A
County:
Gratiot
Area:
Alma (29017)
School District:
Alma Public Schools
Property Description
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 income-producing property in one of Alma's most desirable rental locations!
Exterior Features

Exterior Construction Aluminum Exterior Features Porch Foundation Type Basement Lot Size 66 x 165 Structure Style 2 Story Water Features None Waterfront YN No

Interior Features

Appliances Range/OvenRefrigerator Basement Type Block Basement YN No Cooling System Wall/Window A/C Fuel Type Natural Gas Heating System Wall HeatForced Air Interior Features Window Treatment(s)

Property Features

Financial Terms Cash For Sale Or Rent For Sale Lease Information Lease Term 1-2 YearsMonth-To-MonthWater Included Municipality Alma Occupancy Subject to Tenants Right Ownership Corporation Property Type Multi-Family SEV 65100 Sev Year 2025 Sewer Septic Public Sanitary Summer Tax Amount 2248.81 Summer Tax Year 2024 Taxable Value 36879 Total Tax Amount 2024 Unit1 Occupied YN Yes Unit1 Rent Rate 500 Unit2 Occupied YN No Unit2 Rent Rate 485 Unit3 Occupied YN Yes Unit3 Rent Rate 485 Unit4 Occupied YN Yes Unit4 Rent Rate 485 Water Public Water Winter Tax Amount 178.55 Winter Tax Year 2024 Zoning Multi-Family

Listing courtesy of 43 NORTH REALTY : 989-463-1219.

Source MLS: MiRealSource
Originating MLS: Central Michigan Association of

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-13T23:51:23.12.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507