430 Bridge Ave, Alma, MI 48801

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List Price
$305,000
Status
ACTIVE
MLS#
79080071787
Subtype
Residential Income
Style
Apartment
Year Built
1944
Acres
0.32
Subdivision
METES AND BOUNDS
MLS Area Major
29022 - Alma

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 rareopportunity 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 isideal for premium rental income. Plus, the property also includes two single-room studio units, perfect for consistent, low-maintenancecash flow. There is also a 13 x 38 storage area/workshop. The location adds even more value: the property is less than two miles froma vibrant downtown district, the local hospital, and major shopping centers â€" all strong drivers of year-round tenant demand. A largeconcrete driveway offers ample parking for multiple vehicles, enhancing convenience for residents and visitors alike. Overall, this is aversatile, high-yield investment with strong rental potential.

Additional Information

Exterior Features
Balcony
Taxes
$3,377
Property Description
Apartment
Appliances
Dryer, Oven, Refrigerator, Range, Washer
Heating
Forced Air, Natural Gas
Levels
One and One Half
Foundation
Basement, Block
School District
Alma

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Courtesy of 43 NORTH REALTY 9894631219