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$ 196,900
Est. payment | /mo
3 Beds
2 Baths
2,090 SqFt
$ 196,900
Est. payment | /mo
3 Beds
2 Baths
2,090 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,090 sqft
Price per Sqft $94
MLS Listing ID 61050204407
Bedrooms 3
Full Baths 2
Year Built 1890
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Turnkey, fully renovated duplex offering immediate cash flow and long-term investment potential just minutes from Downtown Bay City. Professionally renovated by a licensed builder, this income-producing property combines quality craftsmanship with low-maintenance ownership. Both units have been extensively updated with new flooring and windows, creating clean, modern living spaces that continue to attract quality tenants. Separate electrical systems and two brand-new furnaces simplify property management while helping reduce future maintenance concerns. The lower unit is currently occupied by a long-term tenant paying $900 per month, while the upper unit has a rental potential of approximately $650 per month, providing an excellent opportunity to increase your portfolio or offset your mortgage as an owner-occupant. Whether you're a seasoned investor seeking a turnkey addition to your portfolio or a first-time buyer looking to build wealth through real estate, this well-maintained duplex offers dependable income potential in a convenient location near Downtown Bay City, shopping, restaurants, parks, and major employers.
Location
State MI
County Bay
Area Area92102Baycity
Interior
Heating Forced Air, Natural Gas, Separate Meters
Fireplace No
Exterior
Parking Features OneCarGarage, Detached
Garage Spaces 1.0
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Bay City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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Listed by Chance Owen of Bay Realty Michigan