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About This Home

This 8-bedroom, 5-bathroom single family at 430 Bridge Avenue in Alma, MI is listed for $305,000 ($71 per sqft). Built in 1944, the home offers 4,288 sqft of living space on a 0.32 acres lot.

Agent 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.

Key Features

  • Built in 1944
  • 0.32 acre lot
  • 1.5 stories
  • 1 parking spaces

Property Details

2 stories
5 full
1 space
1944

Amenities

Basement

Monthly Cost Estimate

$1,631/mo

20% down · 6.5% · 30 years

Principal$221
Interest$1,322
Insurance$89

Estimates only. Actual payments may vary.

Location

430 Bridge Avenue

Alma, MI 48801

Features & Amenities

Interior Features

Walk-in Closet(s)Formal Dining RoomWorkshopBeamed Ceilings

Exterior Features

AluminumOut Building

Property Details

Parking

None

Heating

Forced Air

Appliances

DryerRangeRefrigerator

Questions & Answers

This 8-bedroom, 5-bathroom single family at 430 Bridge Avenue is listed at $305,000 ($71/sqft). The estimated monthly payment is $1,322 based on 20% down at 6.5% interest.

Key features include: Built in 1944, 0.32 acre lot, 1.5 stories, 1 parking spaces. Interior Features: Walk-in Closet(s), Formal Dining Room, Workshop. Exterior Features: Aluminum, Out Building.

This property is listed by Sue Welling and can be reached at 9895609898 or suewelling@43northrealty.com.

SW

Sue Welling

Agent at 43 NORTH REALTY

(989) 560-9898

Listed by 43 NORTH REALTY · View on Broker Site

MLS# 1941200· Source: listhub· Updated 115 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

430 Bridge Avenue, Alma, MI 48801

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