1241 Michigan AVE, Bay City, MI 48708
1241 Michigan AVE, Bay City, MI 48708
1241 Michigan AVE, Bay City, MI 48708
1241 Michigan AVE, Bay City, MI 48708
1241 Michigan AVE, Bay City, MI 48708
1241 Michigan AVE, Bay City, MI 48708

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 227,500
Est. payment | /mo

3 Beds

4 Baths

3,600 SqFt


Save
$ 227,500
Est. payment | /mo
Save

3 Beds

4 Baths

3,600 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $63

Subdivision Johnson & Lewis 1St Add To B C

MLS Listing ID 61050201658

Bedrooms 3

Full Baths 2

Half Baths 2

Year Built 1930

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type MultiFamily

Property Description

Turnkey mixed-use opportunity in the heart of Bay City-perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1bath currently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units-a salon and an office-are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal "house hack" on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses-potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns.

Location

State MI

County Bay

Area Area92102Baycity

Interior

Heating Forced Air, Natural Gas, Separate Meters

Fireplace No

Exterior

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Bay City

School District Bay City

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition CorporateRelocation, ShortSaleNo

Realcomp MLS
Listed by Taylor Cobb of Our Home & Co Real Estate

Nearby Locations

GET MORE INFORMATION

Stacey Pardikes
Stacey Pardikes

President & Broker | License ID: 6502433276

+1(734) 564-5154 | stacey@yourharmony.homes

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1241 Michigan AVE