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.
Listed By
Agency Name: 43 NORTH REALTY
Agency Phone: 989-463-1219
Shown By
Agent Name: Debbie Ramey
Agent Phone: (419) 572-6555
Agency Title: Key Realty
Estimated Payment
$ 1,795.04 per month $1,706.08 Principal & Interest $0.00 Property Tax (data not provided by mls) $88.96 Homeowner's Insurance
430 Bridge Avenue | MLS# 1941200
This single family home located at 430 Bridge Avenue, Alma, MI 48801 is currently listed for sale with an asking price of $305,000. This property was built in 1944 and has 8 bedrooms with 4288 sq. ft. Bridge Avenue is located in the MI subdivision within the Alma Public Schools school district. Search MI real estate on deborahramey.ikeyrealty.com today.