About 5705 N State Road
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.
Features of 5705 N State Road
| MLS® # | 1922176 |
|---|---|
| Price | $375,000 |
| Bathrooms | 4.00 |
| Square Footage | 2,579 |
| Acres | 3.45 |
| Year Built | 1970 |
| Type | Multi-Family |
| Status | Active |
Community Information
| Address | 5705 N State Road |
|---|---|
| Subdivision | NONE |
| City | Alma |
| County | Gratiot |
| Province | MI |
| Postal Code | 48801 |
Amenities
| Parking | One Car |
|---|---|
| View | Countryside View |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Storage, Drywall |
|---|---|
| Appliances | Refrigerator, Oven/Range |
| Heating | Forced Air, Wall Furnace, Natural Gas |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Frame, Vinyl Siding |
| Foundation | Slab |
School Information
| District | Alma Public Schools |
|---|
Additional Information
| Days on Market | 740 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | AMERICA'S CHOICE REALTY LLC |
|---|