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430 Bridge Ave, Alma, MI, 48801

8beds
5baths
4,288sqft
$305,000
$71price/sqft
$2,851/moest. monthly cost
$114,040/yrincome needed

About This Home

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.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

8/10
6/10
4/10
Alma Senior High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1944

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Frame,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Apartment
  • Property subType: Single Family Residence,Apartment

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Washer,Dryer,Cooktop
  • Laundry features: Main Level

Bedroom2

  • Level: Upper
  • Area: 143.96

Bedroom3

  • Level: Upper
  • Area: 97.2

Bedroom4

  • Level: Upper
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 119.78

Features

  • Walk-In Closet(s),Beamed Ceilings,In-Law Floorplan
  • Flooring: Carpet,Vinyl,Tile
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 4,288

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 4,288
  • Total interior livable area: 4,288 sqft

Kitchen

  • Level: Main
  • Area: 126.5

Living Room

  • Level: Main
  • Area: 237.3

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main
  • Area: 120.36

Property

Accessibility

  • Accessibility features: Hand Rails

Details

  • Parcel number: 295135478100
  • Zoning description: Residential

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Exterior features: Balcony,Rain Gutters
  • Waterfront features: None

Lot

  • Lot size: 0.32 Acres
  • Features: Level,Subdivided
  • Lot size dimensions: 90 x 157

Parking

  • Parking features: None,RV Access/Parking,Concrete