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$305,000
Est. payment /mo
4 Beds
2 Baths
4,288 SqFt
Active
430 Bridge Avenue Alma, MI 48801
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,288 sqft
Price per Sqft $71
Subdivision Metes And Bounds
MLS Listing ID 80064384
Style 1 1/2 Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 4,288
Year Built 1944
Annual Tax Amount $3,377
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 90x157
Property Sub-Type Single Family
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 are/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.
Location
State MI
County Gratiot
Area Alma (29017)
Zoning Residential
Rooms
Basement Block
Interior
Interior Features Walk-In Closet
Heating Forced Air
Appliance Dryer, Range/Oven, Refrigerator, Washer
Exterior
Garage No
Building
Story 1 1/2 Story
Water Public Water
Structure Type Aluminum
Schools
School District Alma Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional

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Listed by 43 NORTH REALTY
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