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Kyle O'Grady

kyle@ogradyteam.com +1(231) 499-9999

Listed by 43 NORTH REALTY

$305,000

Est. payment - /mo

8 Beds

5 Baths

4,288 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,288 sqft

Price per Sqft $71

MLS Listing ID 1941200

Style Apartment

Bedrooms 8

Full Baths 5

Year Built 1944

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Single Family Residence

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 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.

Location

State MI

Rooms

Kitchen Main

Interior

Interior Features In-Law Floorplan, Walk-In Closet(s), Formal Dining Room, Workshop, Beamed Ceilings

Heating Forced Air, Natural Gas

Flooring Tile, Carpet, Vinyl

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range, Washer, Dryer, Cooktop

Exterior

Exterior Feature Balcony, Rain Gutters

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story One and One Half

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Apartment

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Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

430 Bridge Avenue Alma, MI 48801

Kyle O'Grady

Key Details

Location

Rooms

Interior

Exterior

Building

Nearby Locations

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