21 days on rocket

119 W Downie St, Alma, MI, 48801

$119,000

Home List Price

$1,413*

Closing Credit

2 Baths
1,800 SqFt
$66/SqFt
House

Location

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119 W Downie St, Alma$119,000

Buyer Closing Credits

$1,413*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingCarport(s)
Year Built1949
HeatingSteam
WaterfrontNone
FireplaceStove
MLS #1928631
Lot Size0.09 Acres
StatusActive
(Active U/C Taking Backups)

About 119 W Downie St

Turnkey Duplex in Prime Downtown Alma Location Ideal for investors, this turnkey 2-story duplex comes with two long-term tenants already in place. The downstairs tenant pays $825 monthly, while the upstairs tenant pays $600 plus an additional $150 monthly for utilities. The landlord covers all utilities and handles lawn care. Located in the heart of downtown Alma, this charming property features exposed beam ceilings, beautiful wood floors in both units, and a cozy covered porch. Recent updates include a new steam boiler installed in 2024, adding modern efficiency to this classic home. Don’t miss this exceptional opportunity to own a ready-to-go and already cash flowing rental in a highly desirable area!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1949
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: 43 NORTH REALTY
  • Office Phone: (989) 463-1219
  • Listing Agent: Micah Kemler

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Gas Water Heater
  • Interior: Laundry Hook-up
  • Fireplace: Stove

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Covered Porch, Wood

Parking Information:

  • Parking: Carport(s)

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: From Superior Street, head North on Wright Ave, go right (East) on Downie, property is on south side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,000
  • Price Per SqFt: $66/SqFt
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Housing Market Comparison

See how this home compares to others in Alma, MI.

Med. Sold Price

$168.2K

Med. Price/SqFt

$106

Avg. Days On Market

63

# of Sold Homes

8

119 W Downie St vs Alma

21 DAYS ON ROCKET

-42 Days

$119,000

-$49.2K Less

$66/SqFt

-$41 Less

KEY TAKEAWAY

This property is $49.2K less than the Median Sold Price and $41/SqFt less than other homes in Alma, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CMIAR
  • MLS Number: #1928631

Listing Office:

  • Office Name: 43 NORTH REALTY
  • Office Phone: (989) 463-1219
  • Listing Agent: Micah Kemler

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2020Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $61,800
2020 - $58,900
2019 - $53,700
2018 - $49,000
2017 - $48,900

History based on county public records data.

Payment Calculator

$661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$423

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-253225
3
/10
  • Pine Avenue Elementary School

  • 1025 Pine Ave

  • 0.59 miles

  • Public District Grades 4-5

school-card-donut-253226
4
/10
  • Hillcrest Elementary School

  • 515 E Elizabeth St

  • 0.80 miles

  • Public District Grades 2-3

school-card-donut-253227
3
/10
  • Eugene M Nikkari Elementary School

  • 301 W State St

  • 2.98 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,083. The most common annual income of people living in Alma, MI is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 119 W Downie St

What is the listing price of this property?

The listing price of 119 W Downie St property is $119,000.

What type of property is this?

The property 119 W Downie St is a house located in Alma, Michigan, 48801.

Is this property for sale now?

Active Listing: 119 W Downie St is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on June 9, 2020 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 119 W Downie St has 2 bathrooms..

What is the square footage of this property?

The property 119 W Downie St is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 119 W Downie St is 1949.

Rocket Homes›Michigan›Gratiot County›Alma›48801›119 W Downie St

This home is located at 119 W Downie St in Alma, MI and zip code 48801. This 1,800 square foot home, which was built in 1949, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $119,000.

Alma, MI housing market in October 2024 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 2 sold below. In October 2024 in Alma, MI there were 10.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 63 days, the median list price was $168,200.

From Rocket Homes Real Estate and based on county public records data.

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