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$ 219,900
Est. payment | /mo
3,600 SqFt
$ 219,900
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $61
Subdivision Johnson & Lewis 1St Add To B C
MLS Listing ID 61050206897
Year Built 1930
Lot Size 8,276 Sqft
Acres 0.19
Property Description
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, 1bathcurrently 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. Do not disturb residential tenants. To schedule a showing for residential units please contact listing agent directly.
Location
State MI
County Bay
Area Area92102Baycity
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available NaturalGasConnected
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, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition CorporateRelocation, ShortSaleNo
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Listed by Taylor Cobb of HOMEFLO