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Sold for $84,000 on 11/22/24
  • $84,000

    521 Richmond St, Alma, MI 48801

    4beds
    2baths
    1,800sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $87,700 Zestimate®
    $47/sqft
    $888 Estimated rent

    Owner options

    List your home for rent

    $888/mo

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    $888/mo

    Rent Zestimate®

    Refinance and save

    $444/mo

    Est. payment

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    $444/mo

    Est. payment

    What's special

    Turnkey 2-Story Duplex with Strong Rental History Great investment opportunity! This well-maintained 2-story duplex has a solid rental history with one unit upstairs and another on the first story. The current downstairs tenant pays $700 per month, while the upstairs tenant pays $585. Each tenant handles their own water, sewer, trash, electric, and natural gas utilities, making it an easy property to manage. Landlord is responsible for lawn care and snow removal. There is a 2-car detached garage for landlord storage, or a possible additional income source to be rented for the new owner. The property boasts a cozy covered porch, and benefit from recent upgrades, including new water heaters and electrical panels installed in 2023. The property is being sold subject to tenants’ rights, and the seller is a licensed real estate broker in the State of Michigan. Don’t miss this opportunity to add a dependable income property to your portfolio!

    Zillow last checked: 8 hours ago

    Listing updated: November 22, 2024 at 02:37pm

    Listed by:

    Micah Kemler,

    43 NORTH REALTY 989-463-1219

    Bought with:

    Konner Vedrode, 6501458042

    43 NORTH REALTY

    Source: NGLRMLS,MLS#: 1928623MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Refrigerator, Gas Water Heater
    Features
    • None, Cable TV, High Speed Internet
    • Windows: Blinds
    • Basement: Full,Unfinished
    • Has fireplace: Yes
    • Fireplace features: Stove
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Parking features: Two Car, Detached
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Waterfront features: None
    Lot
    • Size: 3,920 sqft
    • Dimensions: 91 x 41
    Details
    • Additional structures: None
    • Parcel number: 51-343-016-00
    • Zoning description: Residential,Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Alma
    • Subdivision: GARGETT ADDITION

    HOA & financial

    Other financial information
    • Total actual rent: 1285

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Corporation
    • Road surface type: Asphalt
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $87,700
    2% more+$1,754
    With Zillow Showcase(estimated)$89,454