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Price Drop: $100K (09/29)
Street View
$275,000
Monthly Est:$1,369
-- Bed
-- Bath
741sqft
5705 N State Rd, Alma, MI 48801
$275,000
$1,369/moEst:
Get Pre-Approved
Multi Family
Built in 1970
$-- HOA
3.45 acres lot
$371/sq.ft
Description
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.
- Houzeo last checked: 4 minutes ago
- Listing updated: September 29, 2026 at 2:23 pm
- Listing Provided by: Cody Nevins | AMERICA'S CHOICE REALTY LLC (989) 875-5148
- Source: Realcomp MLS-MI | MLS#: 79080017526
- Originating MLS: Central Michigan Association of REALTORS
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1970
HOA Fees
-
Finished Area
741 sqft
Lot Size
3.45 acres lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
79080017526
MLS Status
Accepting Backup Offers
Days on Market
880
Cumulative Days on Market
857
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Septic Tank
Cooling
Wall Window Units
Heating
Forced Air, Natural Gas, Wall Furnace
Appliances
Oven, Refrigerator, Range
Construction
Year Built
Year Built: 1970
Home type
Multi Family
Foundation Details
Slab
Utilities & Energy
Water Source
Well
Other Features
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Contingent (Active Under Contract) | $275,000 $371/sqft |
09/14/2026 Source: | Listed for Sale | $275,000 -26.67% $371/sqft |
05/20/2026 Source: | Price Decreased | $375,000 -14.77% $506/sqft |
04/02/2026 Source: | Price Decreased | $440,000 -11.82% $594/sqft |
01/25/2025 Source: | Price Increased | $499,000 +33.07% $673/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 11, 2026, 01:45AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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