1241 Michigan AVE, Bay City, MI 48708
Local realty services provided by:CENTURY 21 Curran & Oberski
1241 Michigan AVE,Baycity, MI 48708
$242,400
- 3 Beds
- 4 Baths
- 3,600 sq. ft.
- Multi-family
- Active
Listed by: taylor cobb, zach martin
Office: our home & co real estate
MLS#:61050198379
Source:MI_REALCOMP
Price summary
- Price:$242,400
- Price per sq. ft.:$67.33
About this home
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 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. Please do not disturb tenants.
Contact an agent
Home facts
- Year built:1930
- Listing ID #:61050198379
- Added:41 day(s) ago
- Updated:March 03, 2026 at 04:08 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Living area:3,600 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas, Separate Meters
Structure and exterior
- Year built:1930
- Building area:3,600 sq. ft.
- Lot area:0.19 Acres
- Foundation Description:Basement
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$242,400
- Price per sq. ft.:$67.33
- Tax amount:$1,909
New listings near 1241 Michigan AVE
- New
$124,900Active3 beds 2 baths864 sq. ft.1905 Galke, Bay City, MI 48708
MLS# 50201270Listed by: RE/MAX RESULTS - New
$139,900Active3 beds 1 baths1,400 sq. ft.3052 E Fisher Road, Bay City, MI 48706
MLS# 50201186Listed by: RE/MAX RESULTS - Open Fri, 4 to 6pmNew
$145,000Active4 beds 2 baths1,208 sq. ft.405 James, Bay City, MI 48706
MLS# 50201135Listed by: KELLER WILLIAMS PREFERRED - Open Fri, 4 to 6pmNew
$145,000Active4 beds 2 baths1,696 sq. ft.405 James ST, BayCity, MI 48706
MLS# 61050201135Listed by: KELLER WILLIAMS PREFERRED - New
$60,000Active2 beds 1 baths770 sq. ft.806 15th, Bay City, MI 48708
MLS# 50201098Listed by: EXP REALTY
$107,000Pending3 beds 1 baths960 sq. ft.610 15th, Bay City, MI 48708
MLS# 50201071Listed by: RE/MAX RESULTS- New
$139,900Active2 beds 1 baths920 sq. ft.720 S Sherman Street, Bay City, MI 48708
MLS# 26008662Listed by: REISTERER REAL ESTATE LLC - New
$52,000Active5 beds 3 baths2,700 sq. ft.605 N Van Buren, Bay City, MI 48708
MLS# 50201042Listed by: ALL STAR REAL ESTATE - New
$164,900Active2 beds 2 baths1,017 sq. ft.215 Gates, Bay City, MI 48708
MLS# 50201019Listed by: CENTURY 21 SIGNATURE REALTY - BAY CITY - New
$110,000Active3 beds 2 baths1,008 sq. ft.1611 S Grant, Bay City, MI 48708
MLS# 50200979Listed by: KELLER WILLIAMS PREFERRED