1241 Michigan AVE, Bay City, MI 48708
Local realty services provided by:CENTURY 21 Curran & Oberski
1241 Michigan AVE,Baycity, MI 48708
$224,900
- 3 Beds
- 4 Baths
- 3,600 sq. ft.
- Multi-family
- Active
Listed by: taylor cobb, zach martin
Office: our home & co real estate
MLS#:61050201658
Source:MI_REALCOMP
Price summary
- Price:$224,900
- Price per sq. ft.:$62.47
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 #:61050201658
- Added:43 day(s) ago
- Updated:April 22, 2026 at 10:01 AM
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:$224,900
- Price per sq. ft.:$62.47
- Tax amount:$1,909
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