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About the Listing 106241 - 6502431542
Investor Opportunity with Immediate Income Purpose-built brick garden-style 4-unit offering stable cash flow and long-term investment potential. Approximately 3,132 sq. ft. with four spacious 2-bedroom, 1-bath units. Each unit offers approximately 783 sq. ft. of living space plus a full basement with washer/dryer hookups. Utilities are separately metered and tenant-paid. Taxes and insurance are approximately $5,500/year. Gross rental income is approximately $48,000/year. Convenient Bay City location near hospital, schools, shopping and restaurants. Rare opportunity for investors seeking stable cash flow, low operating expenses, and long-term upside.
Listing Highlights
Status
Active
Days on Site
260
Property Type
Multi-Family
MLS ®
50189995
Year Built
1962
Total Square Footage
3,132
Lot/Acreage
0.28
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Other-See Remarks
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3132
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Other-See Remarks
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 0.28
- Roof:
- Others:
- Sewer: Other-See Remarks
Financial Details
- Tax Amount: $3,542
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
2311 22nd Bay City, MI 48708
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