67
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$305,000
Est. payment /mo
0.32 Acres Lot
Active
430 Bridge AVE Alma, MI 48801
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 79080071787
Style Apartment
Year Built 1944
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type MultiFamily
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.
Location
State MI
County Gratiot
Area Area29022Alma
Rooms
Basement Block, Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Exterior Feature Balcony
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Alma
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Sue Welling of 43 NORTH REALTY
NEARBY SCHOOL & BUSINESS
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