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Sold for $96,000 on 03/28/25
  • $96,000

    236 Ely St, Alma, MI 48801

    5beds
    2baths
    1,834sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $98,300 Zestimate®
    $52/sqft
    $882 Estimated rent

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    $507/mo

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    What's special

    Charming Income-Producing Duplex in Alma!! Discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown Alma. With over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. Lower Unit: -Spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -Monthly rent: $795 -Features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. Upper Unit: -Cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -Monthly rent: $620 -Perfect for tenants seeking an affordable and comfortable home close to city amenities. The property is situated just minutes from downtown Alma, offering easy access to shops, dining, and entertainment. Whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. Don't miss this opportunity for steady income and a prime location! Both tenants are on month to month leases. Water/sewer and gas meters are shared, and units are separately metered for electrical. Schedule your showing today (Please give 24 hour notice to show). Seller is a licensed real estate broker in the State of Michigan.

    Zillow last checked: 8 hours ago

    Listing updated: March 28, 2025 at 08:45am

    Listed by:

    Micah Kemler,

    43 NORTH REALTY 989-463-1219

    Bought with:

    Brandon Tilson, 6501444345

    43 NORTH REALTY

    Source: NGLRMLS,MLS#: 1929774MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range, Gas Water Heater
    Features
    • None, Cable TV, High Speed Internet
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Stove
    Interior area
    • Total structure area: 1,834
    • Total interior livable area: 1,834 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Waterfront features: None
    Lot
    • Size: 8,712 sqft
    • Dimensions: 66 x 132
    Details
    • Additional structures: None
    • Parcel number: 51-031-548-00
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Vinyl Siding, Block
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900
    • Major remodel year: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Alma
    • Subdivision: N/A

    HOA & financial

    Other financial information
    • Total actual rent: 1415

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,FHA,MSHDA,USDA Loan
    • Ownership type: Corporation
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $98,300
    2% more+$1,966
    With Zillow Showcase(estimated)$100,266