5705 N State

Alma, MI 48801
  • $275,000

    Price
  • 741

    SqFt
  • 3.45

    Acre

About the Listing 62736 - NGL-C00544

This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.

Listing Highlights for 5705 N State

Status Active With Contingency
Days on Site 906
Property Type Multi-Family
MLS ® 80017526
Year Built 1970
Total Square Footage 741
Lot/Acreage 3.45
County Gratiot
Neighborhood None
School District Alma Public Schools

Interior Details

  • Appliances: Range/Oven, Refrigerator
  • Air Cond: Wall/Window A/C
  • Heating: Wall Heat,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 741
  • Basement:
  • Other:
  • Water: Private Well

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 200x200x99x460x264x396
  • Zoning: Multi-Family,Commercial
  • Roof:
  • Others:
  • Sewer: Septic

Financial Details

  • Tax Amount: $10,882
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Listing Location

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5705 N State Alma, MI 48801

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Originating MLS: Central Michigan Association of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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