324 E Elizabeth Street Alma, MI 48801

Rare opportunity with a NET income of almost $17,000 per year! This investment property has a fantastic rental history with at least two current long-term tenants. The main building consists of four 1 bedroom, 1-bathroom units (two upstairs and two downstairs) and all four apartments are currently rented. There is a main floor laundry room, but it is currently not being utilized. There is a 24x24 garage and the lot is slightly more than a half-acre which provides plenty of yard space and parking for tenants. The seller has maintained this property very well, with new shingles and plumbing upgrades about 7 years ago, 2 new wall furnaces about 3 years ago, new front porch 3 years ago and Retro-foam insulation was added throughout the crawl space. To be noted, tenants pay all utilities except the water bill.