About This Home

This 3-bedroom, 3-bathroom multi-family at 310 W Superior Street in Alma, MI is listed for $176,000 ($104 per sqft). Built in 1967, the home offers 1,700 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1967
  • 0.23 acre lot
  • 2 stories

Property Details

2 stories
3 full
1967
Listing Description

Ready to start or add the perfect multi-unit property to your investment portfolio in the heart of downtown Alma? Well, look no further! Check out this well-maintained, income-producing triplex in one of Alma's most desirable rental locations. Generating nearly $2,100 per month in rental income, this property has a proven track record of strong occupancy and consistent cash flow, with all three units enjoying an excellent rental history.

Location is everything, and this property definitely checks that box! Situated in the heart of downtown Alma, tenants can walk to Alma College, downtown shopping, coffee shops, restaurants, churches, convenience stores, and many other local amenities, making it highly attractive to renters year after year.

Each of the three one-bedroom, one-bathroom apartments offers convenient living spaces, including two main-floor units and a spacious upper-level unit. The property features separate gas and electrical meters for each apartment, keeping landlord expenses low, and maximizing cashflow.

The owner is responsible for only one monthly utility bill covering water/sewer and trash service, making this an efficient and easy-to-manage investment. Whether you're looking to expand your investment portfolio or purchase your first income property, this turnkey triplex offers the ideal combination of location, strong rental history, and dependable income. Seller is a licensed real estate broker in the State of Michigan.

Monthly Cost Estimate

$941/mo

20% down · 6.5% · 30 years

Principal$127
Interest$763
Insurance$51

Estimates only. Actual payments may vary.

Location

310 W Superior Street

Alma, MI 48801

Features & Amenities

Exterior Features

Covered Porch

Property Details

Construction

Frame

Outdoor Features

Porch

Appliances

RefrigeratorOven/Range

Questions & Answers

This 3-bedroom, 3-bathroom multi-family at 310 W Superior Street is listed at $176,000 ($104/sqft). The estimated monthly payment is $941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 0.23 acre lot, 2 stories. Exterior Features: Covered Porch.

This property is listed by Micah Kemler.

MK

Micah Kemler

Agent at 43 NORTH REALTY

Listed by 43 NORTH REALTY · Broker phone: 9894631219 · View on Broker Site

MLS# 1948587· Source: Northern Great Lakes Realtors MLS· 91 days on PropertySimple

Copyright © 2026 Northern 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.

310 W Superior Street, Alma, MI 48801

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