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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 115,000

Est. payment | -/mo

2 Baths

4,792 Sqft Lot

Save

$ 115,000

Est. payment | -/mo

Save

2 Baths

4,792 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Bay City

MLS Listing ID 26060240

Year Built 1900

Annual Tax Amount $2,039

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Money Maker on Marsac! Whether you're expanding your investment portfolio or purchasing your first rental, this two-unit multifamily offers an excellent opportunity! Both units are rented month-to-month, generating $1,550 in monthly income ($18,600 annually). The upper unit features 2 bedrooms, 1 bathroom, new flooring, and a private exterior entrance. The spacious lower unit offers two entrances, a charming front porch, a large living room, and original hardwood floors extending through both bedrooms. A central boiler heats both units, water is shared, and electricity is separately metered. Situated on a corner lot, this income-producing property offers immediate rental income and potential for future growth!

Location

State MI

County Bay

Rooms

Basement Crawl Space, Full

Interior

Heating Baseboard, Hot Water, Radiant

Cooling Window Unit(s)

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 2

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Bay City

Others

Tax ID 09-160-033-308-005-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams GR North

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: Richard Stewart is an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

1221 Marsac Street Bay City, MI 48708