421 N State St Alma, MI 48801

Price
$1,000,000
Listed On
Type
For Sale
Status
Active
421 N State St, Alma, MI 48801
421 N State St, Alma, MI 48801
421 N State St, Alma, MI 48801
421 N State St, Alma, MI 48801
421 N State St, Alma, MI 48801
421 N State St, Alma, MI 48801
10320 sqft
Asking  $1,000,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
1926845
Parcel Number
Property Sqft
10,320 sqft
Lot Size
0.23 acres
Year Built
1900
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
10,018.8
Price Low
-
Room Count
-
Building Unit Count
-
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
S. on Woodworth from Superior.
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

Turnkey Investment Opportunity: Fully Leased 8-Unit Apartment Building in Prime Location. Discover this exceptional investment opportunity with a fully remodeled 8-unit apartment building, generating over $67,000 in annual revenue. Consisting of six spacious 2-bedroom units and two cozy 1-bedroom units, this property has consistently performed since its complete remodel in 2015. With modern finishes, updated systems, and thoughtful design throughout, it's no wonder the building has never experienced a vacancy since reopening. Situated in a desirable, well-connected location, the property enjoys a steady stream of rental demand and boasts a waiting list of eager tenants. Each unit features updated kitchens, bathrooms, and living spaces designed for comfortable, low-maintenance living. Tenants also appreciate the convenience of off-street parking, on-site laundry, and close proximity to local amenities, schools, and shopping centers. This fully leased property offers hassle-free ownership with a proven track record of reliable income and tenant satisfaction. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare chance to acquire a stable, income-generating asset with excellent cash flow potential. Don’t miss out on this turnkey investment in a thriving rental market.

More Details

MLS Name
Northern Great Lakes Realtors MLS
Source
listhub
MLS Number
1926845
MLS ID
TAAR
Virtual Tour
PARTICIPANT
Name
Bob Fall
Primary Phone
(989) 737-3927
Key
3YD-TAAR-129875
Email
Bob@MyWiseCouncil.com
BROKER
Name
CENTURY 21 LEE-MAC REALTY
Phone
(989) 463-6085
OFFICE
Name
CENTURY 21 LEE-MAC REALTY
Phone
(989) 463-6085
Copyright © 2025 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.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other
Heating
Forced Air
Forced Air
Roof
Asphalt
Asphalt
Rooms
Basement
Basement

History

DateEventPrice$/SqftSource
Listed For Sale$1,000,000 $97CENTURY 21 LEE-MAC REALTY
Report issue with price history

Nearby Schools

Middle School

Alma Middle School

0.5 miles away06 - 08

Elementary School

Hillcrest Elementary School

0.8 miles away02 - 03

Alternate Education

Alma Adult - Alternative Education

1.1 miles away09 - 12
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Get more info on 421 N State St, Alma, MI 48801
Profile
Bob Fall
Listing Agent
(989) 737-3927
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Bob Fall
Listing Agent
(989) 737-3927
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.