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741 sqft

$275,000

5705 N State RD, Alma MI, 48801

Price per sqft$371.12
Built in1970
Property size741 sqft
Property typeMulti-family

Overview

Under contract

Accepting Backup Offers

Updated 2 weeks ago

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.

$1,830/mo

Est. mortgage payment based on a $275,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$10,882
Tax Frequency
Annually

Also listed on NGLRMLS

 

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Data last updated 12:29 AM UTC, 10/17/2026

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