5705 N State, Alma, MI 48801

Local realty services provided by:CENTURY 21 Realty North
5705 N State,Alma, MI 48801
$499,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cody nevins
Office: america's choice realty llc.
MLS#:80017526
Source:MI_REALSOURCE

Price summary

  • Price:$499,000

About this home

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.

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Home facts

  • Year built:1970
  • Listing ID #:80017526
  • Added:628 day(s) ago
  • Updated:February 01, 2026 at 11:11 AM

Heating and cooling

  • Cooling:Wall/Window A/C
  • Heating:Forced Air, Wall Heat

Structure and exterior

  • Year built:1970
  • Lot area:3.45 Acres

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$499,000
  • Tax amount:$10,202