1241 Michigan, Bay City, MI 48708

Local realty services provided by:CENTURY 21 Realty North
1241 Michigan,Bay City, MI 48708
$237,500
  • 3 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: taylor cobb, zach martin
Office: our home & co real estate
MLS#:50201658
Source:MI_REALSOURCE

Price summary

  • Price:$237,500

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, 1bath 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...

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Home facts

  • Year built:1930
  • Listing ID #:50201658
  • Added:1 day(s) ago
  • Updated:March 16, 2026 at 07:35 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1930
  • Lot area:0.19 Acres
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$237,500
  • Tax amount:$1,909