430 Bridge Avenue, Alma, MI

$305,000

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8

Beds

5

Baths

4,288

Square feet

0.32

Acres

About 430 Bridge Avenue

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.

Features of 430 Bridge Avenue

MLS® # 1941200
Price $305,000
Bedrooms 8
Bathrooms 5.00
Full Baths 5
Square Footage 4,288
Acres 0.32
Year Built 1944
Type Single Family
Sub-Type Apartment
Status Active

Community Information

Address 430 Bridge Avenue
Subdivision metes and bounds
City Alma
County Gratiot
Province MI
Postal Code 48801

Amenities

Parking Concrete, None, RV Access/Parking
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Features In-Law Floorplan, Walk-In Closet(s), Formal Dining Room, Workshop, Beamed Ceilings
Appliances Refrigerator, Oven/Range, Washer, Dryer, Cooktop
Heating Forced Air, Natural Gas
Fireplace No
Fireplaces None
# of Stories 1
Stories One and One Half
Has Basement No

Exterior

Exterior Features Balcony, Rain Gutters
Lot Description Level, Subdivided
Roof Asphalt
Construction Frame, Aluminum Siding
Foundation Block

School Information

District Alma Public Schools

Additional Information

Days on Market 181
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

Office43 NORTH REALTY

Listing Map

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