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About the Listing 61000000095818 - 61000000748405,61000000748403
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,1 bath currently vacant but was recently 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 currently vacant and recently rented at $500/month to a long-term 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. To schedule a showing for residential units please contact listing agent directly.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3600
- Basement: Basement
- Other: Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: irregular
- Roof:
- Others:
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 16003345100800
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1241 Michigan Ave Bay City, MI 48708
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