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 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....
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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
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