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
| Office | 43 NORTH REALTY |
|---|
