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

4 stories
6 full
1944
Listing 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 - 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

Principal$221
Interest$1,322
Insurance$89

Estimates only. Actual payments may vary.

Location

430 Bridge Avenue

Alma, MI 48801

Features & Amenities

Exterior Features

DeckPorchBalconyRV ParkingGutters

Property Details

Construction

Frame

Outdoor Features

PorchDeck

Appliances

RefrigeratorOven/RangeWasherDryerCook Top

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.

SW

Sue Welling

Agent at 43 NORTH REALTY

(989) 560-9898

Listed by 43 NORTH REALTY · Broker phone: 9894631219 · View on Broker Site

MLS# 1948743· Source: Northern Great Lakes Realtors MLS· 63 days on PropertySimple

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

Open this listing in: