430 Bridge Avenue, Alma, MI 48801
- $305,000
- 8
- BD
- 5
- BA
- 4,288
- SqFt
- List Price
- $305,000
- Status
- ACTIVE
- MLS#
- 80064384
- Days on Market
- 225
- Year Built
- 1944
- Bedrooms
- 8
- Bathrooms
- 5
- Acres
- 0.32
- Living Area
- 4,288
- Municipality
- Alma
- Region
- Alma
- Township
- Alma
- Subdivision
- Metes And Bounds
Property Description
This home has been privately owned and not offered to the public for many years, presenting a truly unique opportunity. It offers a rare opportunity to secure a truly income-producing asset with multiple revenue streams. The main home features 4 bedrooms, 2 bathrooms, two full kitchens, first floor laundry and several additional rooms that can easily function as extra bedrooms or flexible living spaces. 1021 sq ft of basement provides valuable storage. A newer 1176 sq ft apartment has 2-bedroom, 2-bath and a large covered deck is ideal for premium rental income. Plus, the property also includes two single-room studio units, perfect for consistent, low-maintenance cash flow. There is also a 13 x 38 storage area/workshop. The location adds even more value: the property is less than two miles from a vibrant downtown district, the local hospital, and major shopping centers — all strong drivers of year-round tenant demand. A large concrete driveway offers ample parking for multiple vehicles, enhancing convenience for residents and visitors alike. Overall, this is a versatile, high-yield investment with strong rental potential. The seller is in the process of adjusting the concrete elevation to help prevent water intrusion in the basement. If the work is not completed prior to closing, the seller will escrow funds to cover the cost.
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Additional Information
- Lot Dimensions
- 90 x 157
- Interior Features
- Walk-In Closet(s)
- Heating
- Natural Gas, Forced Air
- Basement
- Yes
- Basement Description
- Block
- Appliances
- Dryer, Range/Oven, Refrigerator, Washer
- Exterior Features
- Balcony
- Sewer
- Community
- Water
- Public
- School District
- Alma Public Schools
Mortgage Calculator
Listing Courtesy of 43 NORTH REALTY, Office Phone: 989-463-1219
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.