318 Woodworth AveAlma, MI 48801

Property Details for 318 Woodworth Ave

Year built

1910

Lot size

0.32 AC

Property type

Industrial properties

Description

This exceptional investment opportunity presents a completely gutted 3-4 unit property in Alma, Michigan, ready for immediate renovation. Located on a 0.32-acre lot at 318 Woodworth, this property offers a blank canvas for a savvy investor or developer. All major demolition work is complete, eliminating significant upfront costs and allowing for a streamlined construction process. The property's location just off the business district provides convenient access to Alma College, downtown amenities, parks, and local schools, ensuring high tenant demand. The potential exists to create 3 or 4 spacious rental units, each with the potential for modern amenities. Ample off-street parking and outdoor space are included. This property represents a unique chance to capitalize on the rising demand for rental units in Alma, creating a lucrative income-generating asset in a thriving Mid-Michigan community. The asking price is $142,000. This is a truly exceptional opportunity to build a high-return investment property from the ground up, with the benefit of all major demolition already completed. The quiet neighborhood setting offers a desirable living environment for future tenants, while the proximity to Alma College and the business district ensures strong rental potential. Don't miss this chance to transform this property into a successful multi-unit rental complex.

Location Insight

City

Alma

County

Gratiot

State

Michigan

Latitude

43.3783

Longitude

-84.6598

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