507 S Wenona

Bay City, MI 48706
  • $150,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,016

    SqFt

About the Listing 30097 - BCR63064

Excellent Investment Opportunity! Well-maintained city certified 3-unit multifamily property. Unit 1 - one bedroom unit 2 - one bedroom with office/bonus room, and unit 3 is a larger two bedroom with just under 1,000 sq ft. of space. Great income potential! Unit 1 is currently vacant, offering an ideal opportunity for an owner-occupant or investor to lease at market rates. Current rents are $900, $950, and $1,100 per month. Utilities are separate, but currently included in all rents. Major improvements include a newer roof, high-efficiency windows throughout, updated flooring and paint in all units, and two furnaces replaced approximately two years ago. Unit 1 features newer appliances. Additional highlights include off-street parking and inviting porches on Units 1 and 2. A fantastic opportunity to expand your investment portfolio or live in one unit while generating rental income from the others!

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 50216636
Year Built 1890
Total Square Footage 2,016
Lot/Acreage 0.13
County Bay
Neighborhood Lake City
School District Bay City School District

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2016
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50x110
  • Roof:
  • Others:
  • Sewer: Public Sanitary

Financial Details

  • Tax Amount: $1,684
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

507 S Wenona Bay City, MI 48706

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Originating MLS: Bay County REALTOR Association

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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