430 Bridge Avenue

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Source: MiRealSource

Originating MLS: MiRealSource

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NGL-C84

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 â€” 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.

Property Information

Property Details

Location

Address

430 Bridge Avenue

County

Gratiot

City

Alma

Zip Code

48801

Subdivision

Metes And Bounds

School District

Alma Public Schools

MLS Area

Alma (29017)

Listing provided by 43 NORTH REALTY, (989) 463-1219

Interior Features

Beds and Baths

Bedrooms

Main Level Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

4,288

Year Built

1944

Stories

Construction

Aluminum Siding

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$3,377

430 Bridge Avenue, Alma, MI 48801

Market Report for 48801