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Jenn Smart

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430 Bridge , Alma, MI 48801
$305,000
Est. Payment: $1,589.40/mo
8 Bed
5 Bath
4288 Sqft
Status: active | Days on site: 232
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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 area/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.

Highlights

Listed by Sue Welling , 989-560-9898 43 NORTH REALTY , 989-463-1219. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.32

Year Built

1944

County

Gratiot

Area

Alma (29017)

Neighborhood

metes and bounds

School District

Alma Public Schools

Listing ID

80064384

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Dryer, Range/Oven, Refrigerator, Washer
Above Ground Sq Ft:4288
Below Ground Sq Ft:0
Basement:Block
Other:
  • Additional:Walk-In Closet
Water:Public Water

Exterior Features

Lot Dimensions:90x157
Zoning:Residential
Others:
  • Additional:Exterior Balcony, Deck, Porch
Sewer:Community
Principal Interest
$1,589
Taxes
$281

Home Price

$305,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$61,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,589.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,589.40 $281.43 $0.00 $1,870.82
Yearly $19,072.77 $3,377.12 $0.00 $22,449.89
Total $572,183.07 $101,313.60 $0.00 $673,496.67
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Alma, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T03:11:55.100Z

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