7 months on rocket

601 Wright Ave, Alma, MI, 48801

$170,000

Home List Price

$2,019*

Closing Credit

3 Baths
1,710 SqFt
$99/SqFt
House
Schools Nearby

Location

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601 Wright Ave, Alma$170,000

Buyer Closing Credits

$2,019*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingNone
Year Built1949
HeatingNatural Gas, Forced Air
CoolingNatural Gas, Central Air
WaterfrontNone
FireplaceNone
MLS #1915980
Lot Size0.45 Acres
StatusActive

About 601 Wright Ave

Welcome to this fantastic investment opportunity adjacent to Alma College! This charming triplex offers three one-bedroom, one-bathroom units, each with its own private entrance for added convenience and privacy. These units are highly desirable thanks to their easy access to the College, downtown dining, and uptown commerce. Ample off-street parking and in-unit washer and dryers for the downstairs units increases convenience and reduces tenant turnover. This property generates a gross monthly rent of $3,000, making this property an excellent return on investment. Don't miss out on this chance to own a valuable piece of real estate in a sought-after area. Schedule a showing with your favorite agent today! Price reduced because the parcel is in the process of division with easments added. This home is part of a portfolio of 8 of rental properties that can be purchased as a package. Please also see listings for 607 Wright, 611 Wright, 308 Park, 314 Park, 318 Park, 325 Park, and 231 N Lincoln.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1949
  • Living Area: 1,710 SqFt

Listing Office:

  • Office Name: 43 NORTH REALTY
  • Listing Agent: Brandi Stupica

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer, Freezer, Gas Water Heater
  • Interior: Laundry Hook-up
  • Fireplace: None

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Sidewalk, Porch, Wood

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

  • Alma Senior High School, Public District Grades 9-12
  • Pine Avenue Elementary School, Public District Grades 4-5
  • Donald L. Pavlik Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: South of Orchard Street and north of Downie Street on the west side of the street. Pull into the gravel shared driveway south of the house and park in the back.

Price Information

Listing Price Info

Price Summary:

  • List Price: $170,000
  • Price Per SqFt: $99/SqFt
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Housing Market Comparison

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

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Alma, MI

City

Med. Sold Price

$160K

Med. Price/SqFt

$104

Avg. Days On Market

46

# of Sold Homes

11

601 Wright Ave vs Alma

217 DAYS ON ROCKET

+171 Days

$170,000

+$10K More

$99/SqFt

-$5 Less

KEY TAKEAWAY

This property is $10K more than the Median Sold Price and $5/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: #1915980

Listing Office:

  • Office Name: 43 NORTH REALTY
  • Listing Agent: Brandi Stupica

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: 4/27/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $53,600
2020 - $52,200
2019 - $33,500
2018 - $30,100
2017 - $41,500

History based on county public records data.

Payment Calculator

$916

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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NMLS#3030

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.

Middle School

school-card-donut-1024505
5
/10

  • Pine Avenue Elementary School

  • 1025 Pine Ave

  • 0.59 miles

  • Public District Grades 4-5

school-card-donut-1024506
6
/10

  • Donald L. Pavlik Middle School

  • 1700 Pine Ave

  • 1.09 miles

  • Public District Grades 6-8

High School

school-card-donut-1024507
5
/10

  • Alma Senior High School

  • 1500 Pine Ave

  • 0.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,083. Most Alma, MI residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 601 Wright Ave

What is the listing price of this property?

The listing price of 601 Wright Ave property is $170,000.

What type of property is this?

The property 601 Wright Ave is a house located in Alma, Michigan, 48801.

Is this property for sale now?

Active Listing: 601 Wright Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 601 Wright Ave are:
Pine Avenue Elementary School: GreatSchools Rating 5/10
Donald L. Pavlik Middle School: GreatSchools Rating 6/10
Alma Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 601 Wright Ave has 3 bathrooms..

What is the square footage of this property?

The property 601 Wright Ave is 1,710 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 601 Wright Ave is 1949.

Rocket Homes›Michigan›Gratiot County›Alma›48801›601 Wright Ave

This home is located at 601 Wright Ave in Alma, MI and zip code 48801. This 1,710 square foot home, which was built in 1949, sits on a 0.45 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since September 22, 2023 and is currently priced at $170,000.

Alma, MI housing market in March 2024 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. In March 2024 in Alma, MI there were 13.3% more homes for sale than in February 2024. Listings spent 46 days on the market in March 2024, and had a median list price of $160,000 during the same period.

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

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