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$ 150,000
Est. payment /mo
New
507 S Wenona Street Bay City, MI 48706
5 Beds
3 Baths
2,016 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $74
Subdivision Mi
MLS Listing ID 50216636
Style 1 1/2 Story
Bedrooms 5
Full Baths 3
Year Built 1890
Annual Tax Amount $1,684
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x110
Property Sub-Type Multi-Family
Property Description
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, with utilities 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!
Location
State MI
County Bay
Area Bay City (09016)
Interior
Heating Forced Air
Fireplace No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Schools
School District Bay City School District
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Ayre/Rhinehart Bay REALTORS
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