Sold
303 Elizabeth Street, Alma, MI 48801
Sold on 04/14/2026 for$162,000
MLS # 1942427 (Northern Great Lakes REALTORS® MLS)
Built 19790.13 acres
1 / 42
Listing Description
Great Multifamily Investment Opportunity! Fully remodeled gorgeous white farmhouse style kitchens, and Corian tops and with all new bathroom cabinetry and Marble tops, new carpeting just installed this week, new plumbing fixtures, LVP flooring, new appliances, new air conditioners, new lighting, & some new windows. Recent rents 950./mo each unit. One side is now vacant. Buy it and occupy one side, or rent it out. Stunning decor and great updates to start off your investment portfolio and begin collecting rents. Nearly 900 sq feet per side. Holiday Park is across the street for the kids to play. Quiet side of town for peaceful neighbors and low traffic area. A must see!
Source: SparkMLS
About this home
This 2-bath home built in 1979 sits in Alma in Alma.
This home sold for $162,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.13 acres
Year Built1979
Location
CityAlma
MunicipalityAlma
Zip Code48801
CountyGratiot
Construction & Systems
BasementCrawl Space
HeatingForced Air, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed2/22/2026
Sold Date4/13/2026
Terms AcceptedCash
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Deb Morris
Unknown Office
Frequently Asked Questions about 303 Elizabeth Street, Alma, MI 48801
What type of financing is accepted for this listing?
Per MLS# 1942427, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
Is 303 Elizabeth Street, Alma, MI 48801 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 303 Elizabeth Street, Alma, MI 48801 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Alma police department or the Gratiot County sheriff's office.
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Monthly payment$1,070
Principal & interest$1,070
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
303 Elizabeth Street, Alma, MI 48801
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Municipality
Alma
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