Bay City MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,160
Status:
Active
Beds:
n/a
Lot size:
0.24 Acres
Year built:
1921
Baths:
4.00
MLS#:
50159476
Subdivision:
N/A

ADDITIONAL INFORMATION

Great investment opportunity in Bay City with this fully occupied multi-unit property featuring three units. Units include an efficiency unit, a spacious one bedroom unit, and a large unit with two bedrooms and two bathrooms. Tenants enjoy shared basement access with coin operated laundry. Recent upgrades include sewer line replacement in 2023, updated appliances, and new basement windows. Rents currently totaling $1,945 and seller pays all utilities. Located within walking distance to many amenities this property offers immediate rental income and is ideal for investors!

Type:
Multi-Family
Sq.Ft.:
1,472
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1900
Baths:
2.00
MLS#:
50156885
Subdivision:
Trombles Div Of Portsmouth

ADDITIONAL INFORMATION

Motivated Seller on this two-unit multi-family home with one car detached car garage. Newer carpet in both units. First floor unit has utility room with hook up for washed and electric dryer. Partially fenced yard. Nice front and rear wood decks. Outside stairway for the entrance to the second unit. High rental potential for cost of house. Projected rents for lower unit $950 to $1,050 and projected rents for the upper unit $700 to $800.

Type:
Multi-Family
Sq.Ft.:
2,123
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
2.00
MLS#:
60343067
Subdivision:
SUBDIVISION OF OUTLOT NO 15

ADDITIONAL INFORMATION

REMARKABLE INVESTMENT OPPORTUNITY IN BAY CITY! THIS FULLY UPDATED MULTIFAMILY PROPERTY AT 208 N SHERIDAN IS A PERFECT BLEND OF MODERN CONVENIENCE AND INCOME POTENTIAL. IDEAL FOR INVESTORS AND FIRST-TIME HOMEBUYERS ALIKE, THE PROPERTY ALLOWS FOR FLEXIBLE LIVING ARRANGEMENTS, WITH THE OPTION TO RESIDE IN THE DOWNSTAIRS UNIT AND RENT OUT THE UPSTAIRS FOR ADDED INCOME. EACH UNIT HAS BEEN METICULOUSLY RENOVATED, OFFERING A TURNKEY SOLUTION WITH BEAUTIFUL FINISHES, CONTEMPORARY UPDATES, AND INVITING SPACES. DON'T MISS OUT ON THIS PRIME CHANCE TO OWN A VERSATILE PROPERTY WITH STRONG RENTAL APPEAL!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1884
Baths:
MLS#:
80050263
Subdivision:
NONE

ADDITIONAL INFORMATION

This duplex is walking distance to Uptown and Downtown Bay City. It is situated on a quiet street, with off street parking in the back of the house, and a large, covered porch to enjoy. Each unit has two bedrooms and a bathroom, along with nice sized kitchens and living rooms. Both units are currently rented for a total of $1,500.00 monthly.

Type:
Multi-Family
Sq.Ft.:
8,622
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1900
Baths:
9.00
MLS#:
50154015
Subdivision:
James Frasers

ADDITIONAL INFORMATION

Unique opportunity to become a part of Bay Cityâ??s history: for your consideration is a 8622 Sq.Ft. Tudor-style mansion built in 1900, converted into spacious,comfortable apartments in the 20s. With this purchase, you are not only buying into Center Ave royalty, you are purchasing a highly successful rental and Airbnb business. The owner has carefully and meticulously upgraded the units with modern appliances, appealing design and luxury finishes to highlight the features that you only see in historic mansions. The tenants and guests enjoy the tall ceilings, hardwood floors and sprawling spaces these units provide.The AirBNB vacation rental business has been successfully in place since 2018 and has a loyal following of repeat guests. There's really no other place in the Tri Cities that offers this experience to travelers, providing the unique experience of Center Ave at its height. Meanwhile, the vacation rental units generate consistent and solid revenue

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1904
Baths:
MLS#:
70427557

ADDITIONAL INFORMATION

Welcome to 1800 9th St! This versatile 4-unit property offers a fantastic opportunity for investors or homeowners looking to live in one unit and rent out the others. With some updates, this building has the potential to maximize its value. Unit #1 features two separate doors, 1A and 1B, with 1B currently vacant. 1B could be combined with 1A or reimagined for different uses. Units 1A, 2, and 4 are occupied, while units 1B, and 3 are available for rent. The property also includes separate electric and gas meters, as well as a 3-car detached garage. Schedule your showing today! The listing agent has an ownership interest in the property.

Type:
Multi-Family
Sq.Ft.:
3,484
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1900
Baths:
2.00
MLS#:
50151000
Subdivision:
Bay City

ADDITIONAL INFORMATION

This multi-unit property offers a versatile investment with great potential. The spacious lower unit features 3 bedrooms, providing ample living space. The upstairs unit is a well-maintained, cozy 1-bedroom apartment. Additionally, the property includes a storefront space currently utilized for storage, offering potential for additional rental income.

Type:
Multi-Family
Sq.Ft.:
11,400
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1930
Baths:
14.00
MLS#:
50137890
Subdivision:
NA

ADDITIONAL INFORMATION

A glamorous historic gem, located on Bay City's iconic Center Avenue! This stunning building offers 11 abundantly proportioned units, and is in a prime location for a STR type conversion! Your tenants will enjoy Bay City's famous St. Patrick's Day Parade passing by their front yard, views of our fireworks, and will be moments from all of the excitement downtown has to offer! Building includes a full service coin-operated laundry room, freight elevator for ease of move-ins, storage rooms in the basement for each unit, and a spacious 9 vehicle garage. Sweeping city views from most windows & charming (inoperative) fireplaces provide ambiance; formal dining rooms, large living rooms, and most units are 2-3 BRs. New steam boiler in Dec. 2022, new garage roof, and several units have had recent major remodels!

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. 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 2024 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. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 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.



Bay City Real Estate

The median home value in Bay City, MI is $92,600. This is lower than the county median home value of $134,600. The national median home value is $338,100. The average price of homes sold in Bay City, MI is $92,600. Approximately 60.18% of Bay City homes are owned, compared to 30% rented, while 9.83% are vacant. Bay City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bay City real estate agent to arrange a tour today!

Bay City, Michigan 48708 has a population of 32,824. Bay City 48708 is less family-centric than the surrounding county with 21.21% 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 48708 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 48708 is 39 years.

Bay City Weather

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.

Bay City Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    94
    30-day change

Bay City Schools and Demographics

Education near Bay City, MI

Metric City County
High School Graduates 87.4 91.1
College Degree - 2 year 9.19 11.51
College Degree - 4 year 16.22 20.3
Graduate Degree 3.64 4.74
Expenditures per Student 10,933 10,933
Students per Teacher 16 16

Elementary Schools near Bay City, MI

School Grades Students P/T Ratio ZIP
Bangor Central School PK - 05 342 18.3 48706
Bangor West Central School KG - 05 334 20.1 48706
Bay City Academy - Farragut Campus PK - 04 162 10.3 48708
Bay City Academy - YMCA Campus PK - KG 33 5.3 48708
Hampton Elementary School KG - 05 438 17.9 48708
KOLB Elementary School PK - 05 539 18 48706
Macgregor Elementary School PK - 05 429 15.6 48708
Mackensen Elementary School KG - 05 331 20.1 48706
McAlear-Sawden Elementary School PK - 05 491 18.5 48706
Verellen Elementary School 02 - 04 356 21.5 48732
Washington Elementary School PK - 05 453 17.1 48708

Middle Schools near Bay City, MI

School Grades Students P/T Ratio ZIP
Bay City Academy - Madison Arts Campus 05 - 08 103 10.3 48708
Christa McAuliffe Middle School 06 - 08 574 20.3 48706
Cramer Junior High School 05 - 08 583 19.8 48732
Handy Middle School 06 - 08 955 17.2 48706

High Schools near Bay City, MI

School Grades Students P/T Ratio ZIP
Bay City Central High School 09 - 12 1,247 18.8 48708
Bay-Arenac Community High School 09 - 12 151 24.1 48732
Garber High School 09 - 12 549 22.3 48732
John Glenn High School 09 - 12 866 25.8 48706

Ungraded Schools near Bay City, MI

School Grades Students P/T Ratio ZIP
* Bay City Adult Education/CTP 09 - 12 35 48706
Bay City Academy - Germania Campus UG - UG 0 48706
Bay City Academy - Wolverine Campus UG - UG 0 48708
Detention Center 06 - 12 4 4 48732
ISD-Local Programs PK - 12 130 5 48706
LLC---Bay Campus PK - 12 66 4.4 48732
Wenona Center Home of Wenona High/Middle School 06 - 12 134 22.3 48708

Demographics near Bay City, MI 48708

Metric Zip Code City
Neighborhood Type Suburban
Population 32,824 104,050
Population Density 3,229 235
Median Age 39 43.5
People per Household 2.3 2.3
Median Household Income 41,959 52,510
Average Income per Capita 25,141 30,459