Sold
432 Lockwood Street, Alpena, MI 49707
Sold on 05/28/2026 for$249,900
MLS # 201840043
1 / 39
Listing Description
Four units with great rental income! Convenient location - within walking distance to downtown, each unit has updated flooring, kitchen cabinets/counter tops and other upgrades. Vinyl windows installed throughout the building. An added bonus is the brand new coin operated laundry with keypad entry! Each unit is equipped with a stove and refrigerator. There's a 20x22 detached garage that can be used for storage or for extra rental income. Property is on a large city lot (66x140) so there is plenty of on site parking for tenants. Easy access from the street or alley. House roof was replaced in 2013. Garage shingles and some rafters replaced in 2011. City rental permit is on file. Owner pays for heat and water for all units and electricity for the two lower unit
Source: SparkMLS
About this home
This home sold for $249,900.
Listing Property Details
Property TypeMulti Family
Bathrooms0
Location
CityAlpena
MunicipalityAlpena
Zip Code49707
CountyAlpena
Sale & Financing
Listed5/13/2026
Sold Date5/27/2026
Source: SparkMLS
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Robert I Sylvester
Banner Realty
Frequently Asked Questions about 432 Lockwood Street, Alpena, MI 49707
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 432 Lockwood Street, Alpena, MI 49707 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Alpena police department or the Alpena County sheriff's office.
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Monthly payment$1,621
Principal & interest$1,621
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
432 Lockwood Street, Alpena, MI 49707
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Municipality
Alpena
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