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About the Listing 73663 - 577928
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.
Listing Highlights for 701 Center
Status
Active
Days on Site
188
Property Type
Business Opportunity
MLS ®
70455403
Year Built
1876
Total Square Footage
7,368
Lot/Acreage
0.33
County
Bay
Area
Bay City (09016)
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 7368
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 105x100
- Roof:
- Others:
- Sewer:
- Parking Features: 11-20 Spaces
Financial Details
- Tax Amount: $12,930
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
701 Center Bay City, MI 48708
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