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$ 875,000
Est. payment /mo
Active
701 Center Avenue Bay City, MI 48708
7,428 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,428 sqft
Price per Sqft $117
Subdivision Mi
MLS Listing ID 25008700
Year Built 1870
Annual Tax Amount $12,930
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 105x100
Property Sub-Type Multi-Family
Property Description
Welcome to 701 Center Ave, a historic Second Empire home built in 1876 by James Shearer and his wife, Margaret. This property is rich in charm and character. The building offers 16 updated apartments, including 5 one-bedrooms, 1 two-bedroom, and 10 studios. Architectural details include a grand staircase, intricate plasterwork, and multiple fireplaces. Modern amenities include off-street parking, an in-house laundry facility, and efficient boiler heating. The owner covers gas, water, and sewer. Recent updates include a new roof, resealed and painted windows, new gutter system, plus so much more. With its prime location and unique character, 701 Center Ave presents a strong opportunity for repositioning to maximize financial return, whether through long or short-term rentals. Located just
Location
State MI
County Bay
Area Bay City (09016)
Interior
Heating Forced Air, Hot Water
Exterior
Exterior Feature Brick
Building
Foundation Basement
Structure Type Brick
Others
Energy Description Natural Gas
Financing Cash

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Listed by Keller Williams GR North





