About This Home
This 12-bedroom, 6-bathroom multi-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.
Key Features
- Built in 1944
- 0.32 acre lot
- 4 stories
Property Details
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 - 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.
Monthly Cost Estimate
$1,631/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
430 Bridge Avenue
Alma, MI 48801
Features & Amenities
Exterior Features
Property Details
Construction
Outdoor Features
Appliances
Questions & Answers
This 12-bedroom, 6-bathroom multi-family at 430 Bridge Avenue is listed at $305,000 ($71/sqft). The estimated monthly payment is $1,631 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1944, 0.32 acre lot, 4 stories. Exterior Features: Deck, Porch, Balcony.
This property is listed by Sue Welling and can be reached at 9895609898.


