NEW! Buy and sell safely with virtual options - Learn More
About the Listing 95818 - 748405,748403
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
50201658
Year Built
1930
Total Square Footage
3,600
Lot/Acreage
0.19
County
Bay
Neighborhood
Johnson & Lewis 1st Add To B C
Area
Bay City (09016)
School District
Bay City School District
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full / 2 Half
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3600
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: irregular
- Roof:
- Others:
- Sewer: Public Sanitary
Financial Details
- Tax Amount: $1,909
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1241 Michigan Bay City, MI 48708
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
