230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 50,043
Est. payment | /mo

5,662 Sqft Lot

Save
$ 50,043
Est. payment | /mo
Save

5,662 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 80069394

Style 2 Story

Year Built 1959

Annual Tax Amount $2,656

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 58 x 96

Property Sub-Type Multi-Family

Property Description

Investor opportunity on Alma’s south side! This top/bottom duplex offers strong potential for the right buyer looking to renovate and build equity. The property experienced a recent fire, leaving the interior as a blank slate—perfect for customizing finishes and layout to your own vision. Each unit is designed as a 2-bedroom, 1-bath, with market rents estimated between $650–$750 per month per unit once completed. With approximately 3,720 total square feet, there is plenty of space to create a solid income-producing property. Located just south of downtown Alma, this property is close to shopping, dining, and everyday conveniences, making it an attractive option for future tenants. This property will require full rehabilitation and proper permitting. Due to the condition, all potential buyers must sign a hold harmless agreement prior to entry. Seller is offering a $10,000 credit to the buyer, to be held in escrow and released upon completion of at least 50% of the reconstruction. Bring your vision and turn this property into a strong addition to your investment portfolio!

Location

State MI

County Gratiot

Area Alma (29017)

Zoning Multi-Family,Residential

Interior

Heating Forced Air

Building

Story 2 Story

Foundation Crawl

Water Public Water

Schools

School District Alma Public Schools

Others

Ownership Corporation

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by 43 NORTH REALTY

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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230 Ely Street