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Jason Rivers

jason@riversgrouprealty.com +1(248) 224-1194

$ 305,000

Est. payment -/mo

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Active

430 Bridge AVE Alma, MI 48801

8 Beds

5 Baths

4,288 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 4,288 sqft

Price per Sqft $71

Subdivision Metes And Bounds

MLS Listing ID 79080064384

Style Apartment

Bedrooms 8

Full Baths 5

Year Built 1944

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type SingleFamilyResidence

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 Area29022Alma

Rooms

Basement Block

Upper Level, 12.0*11.0 Bedroom4

Main Level, 11.0*11.0 DiningRoom

Main Level, 12.0*10.0 Bedroom1

Main Level, 6.0*6.0 Laundry

Upper Level, 12.0*12.0 Bedroom2

Main Level, 11.0*12.0 Kitchen

Upper Level, 12.0*8.0 Bedroom3

Main Level, 11.0*21.0 LivingRoom

Interior

Interior Features WalkInClosets

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Exterior Feature Balcony

View Y/N No

Garage true

Building

Foundation Block

Sewer Shared Septic

Water Public

New Construction No

Schools

School District Alma

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Sue Welling of 43 NORTH REALTY

Jason Rivers

Broker Associate

+1(248) 224-1194

Jason Rivers

430 Bridge AVE Alma, MI 48801

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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430 Bridge AVE