521 Richmond Street
$84,000
Description
521 Richmond Street,
Alma,
MI
48801
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. Dont miss this opportunity to add a dependable income property to your portfolio!
This is an Active listing.
Broker Office Phone Number: 989-463-1219
Copyright © 2024Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Refrigerator
- Asphalt Shingle Roof
Listing By: 43 NORTH REALTY via Data Source: Northern Great Lakes Realtors MLS
Multi Family
Property type
Price History
date | price | variance | type |
---|
10/30/2024 | $84,000 | - | Listed |
listing agent: Micah Kemler