Opportunity isn't just knocking at this Bay City gemâ??itâ??s practically moving in! This well updated duplex offers the ultimate "live for less" lifestyle: reside in one unit while the other handles the heavy lifting, or simply sit back and watch your investment flourish. From the newer roof and siding to the recently refreshed furnaces and hot water heaters, the mechanical "magic" is already done. Inside, sun-drenched rooms lead to a massive screened-in porch, perfect for breezy afternoons without the uninvited guests (the buzzing kind). Outside, a partially fenced backyard offers a private slice of greenery, while the full basement provides a very large retreat for all your storage needs. Perfectly perched near the Midland Street Historic District and Veterans Park, youâ??re never more than a stroll away from downtown's vibrant pulse. With split utilities making management a breeze, this turn-key treasure is as smart as it is charming.
Ideal money maker. This three unit features a commercial unit that is ideal for a beauty shop or its recent use as a barber shop. There is a one bedroom unit that is currently leased. The main unit is a very well cared for three bedroom with hardwood floors, beautiful kitchen with quartz counter tops, tiled floors and backsplash. There are two full baths, one two piece bath and a shower in the basement. A two car detached garage and a carport add to the owner's appeal. Appliances are included. This is an ideal setup for an owner, occupant and the third unit income. The fenced yard gives privacy for the main unit. This is a very desirable multi-use income producing property.
Discover a unique investment opportunity in the heart of the Midland Street Historic District. This prime commercial building boasts an enviable location at 703 E Midland Street, a bustling area known for its vibrant community and rich history. The property features two versatile storefronts, perfect for retail, dining, or office space. With high visibility and moderate Midland Street traffic, these spaces offer endless potential for business growth and success. Above the commercial spaces, you'll find two residential rental apartments. These units provide a steady income stream and are ideal for tenants seeking the charm and convenience of living in a historic district. Embrace the character and allure of this historic building, with its classic architectural details and period features. The Midland Street Historic District is renowned for its preservation of Bay City's rich cultural heritage, making this property a true gem. Situated in a prime location, this building benefits from its proximity to local amenities, shops, restaurants, and entertainment options. The area is a hub of activity, attracting both locals and visitors alike. Whether you're an investor looking for a solid income-generating property, a business owner seeking a new location or a developer looking for your next project, this building offers substantial potential. The combination of commercial and residential spaces ensures a diverse and reliable historic asset. Don't miss your chance to own a piece of Bay City's history. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
Courtesy: Century 21 Signature Realty
Marie Glinski
Live in one unit, rent the other! This two unit is located on North Grant in Bay City. Each unit has two bedrooms. There is also a detached 2 car garage. Tenants pay their own heat/electric. This one is ready for your rental portfolio!
Neat and clean West-side 2-unit perfect owner occupied or investment property. Features include 1 1/2 car garage, updated roof, furnace (unit one) flooring, paint and all appliances. Get in today for your showing!
This well-located Certified Rental Duplex offers a smart opportunity for investors and first-time buyers alike. Situated just down the road from Carol Park, steps from the Johnson St. Business District, and a short drive to Downtown Bay City, this property combines convenience, walkability, and built-in income potential. Major mechanical updates include a new Concord 95 furnace installed in 2022, along with new baseboard heat in the smaller unit, providing efficiency and peace of mind. The two units have separated Heat and hot water tanks, to ease the rental process. Both units look good and are move-in ready. The property is currently vacant, offering flexibility for owner-occupants or investors. The smaller unit rents for $720 per month, while the larger unit rents for $950 per monthâ??an ideal setup for offsetting your mortgage or generating steady cash flow. Whether youâ??re looking to house-hack your first home or add a solid, income-producing property to your portfolio, this duplex delivers on location, updates, and rental potential.
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, 1 bath 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. Please do not disturb tenants.
Land Contract Opportunity â?? 3-Unit Apartment Building! This 3-unit apartment building is available for land contract, offering a more borrower-friendly approval process than traditional banks. It includes a 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units, ideal for investors or buyers looking for rental income. The 3-bedroom unit and one 1-bedroom unit are currently occupied by tenants, providing immediate cash flow. This property is a solid investment with potential for updates and increased income. Land contract terms: 20% down, 10% interest, 30 year term. Tenant rent: $775/$600/$625 All month to month contract
Fantastic investment or owner- occupant opportunity! This duplex features two well kept 2 bedroom units with new furnace in both units recently. One apartment includes a private garage along with off street parking, perfect for added convenience or increased rental appeal. Live in one unit and rent the other, or add a solid income producing property to your portfolio. Call today for you showing!
This is A CASH ONLY, Investment property. There is no source of heat currently in the house. It is recommended to show during the day as there are no utilities currently hooked up. You build to your specifications. Could be a multi-family investment. New windows. There is a fireplace and new wiring, but condition unknown. Main, upper & basement level are been gutted down to the studs. The basement has has egress windows. The roof is good. It's set up for 3 bathrooms on each level and could be 3 apartments. There is upper level access at the back of the house. Ready for someone with the time and money to invest and make it theirs. Being sold in as-is condition.
Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by James and Margaret Shearer. This historic gem features 16 units--5 one-bedrooms, 1 two-bedroom, and 10 studios--blending timeless elegance with modern upgrades. Inside, you'll find preserved architectural details including a grand staircase, ornate plasterwork, and fireplaces, along with recent improvements such as a new roof, refinished windows, new gutters, off-street parking, on-site laundry, and efficient boiler heat (with gas, water, and sewer covered by the owner). Currently, 10 units are operating as Airbnbs with high upside, while the remaining units are leased to long-term tenants, offering steady income and room for future growth.
Bay City is located in Michigan. Bay City, Michigan has a population of 32,824. Bay City is less family-centric than the surrounding county with 21.25% of the households containing married families with children. The county average for households married with children is 23.5%.
The median household income in Bay City, Michigan is $41,959. The median household income for the surrounding county is $52,510 compared to the national median of $69,021. The median age of people living in Bay City is 39 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 32.4 inches per year, with 41.4 inches of snow per year.
