502 Wilson, Bay City, MI 48708
Local realty services provided by:CENTURY 21 Northland
502 Wilson,Bay City, MI 48708
$177,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: the real estate specialists
Office: berkshire hathaway homeservices, bay city
MLS#:50216149
Source:MI_REALSOURCE
Price summary
- Price:$177,000
About this home
Investment Opportunity on Bay City's East Side! Expand your portfolio with this exceptionally well maintained, fully occupied four unit rental property on Bay City's East Side. Opportunities like this don't come around often, especially one that's been cared for with this level of pride and attention to detail. Whether you're a seasoned investor or looking to purchase your first income producing property, this turnkey investment is ready to generate cash flow from day one. The current owner has made significant improvements throughout the property, including a completely refinished foundation and a new roof in 2022. In 2025, the exterior was professionally scraped and painted, with damaged boards replaced as needed. Additional updates include a rebuilt front porch with repaired pillars and steps completed in 2024, plus extensive landscaping enhancements and a durable stone-crete driveway. Apartment #2 has also been beautifully remodeled with a new kitchen, updated bathroom, new windows, flooring, and more. Inside, a grand common staircase welcomes tenants and adds to the property's historic charm. The building offers a strong unit mix: Unit 1: Studio apartment with private kitchen and bathroom. Unit 2: Fully remodeled one-bedroom featuring a spacious living room, updated kitchen, and full four-piece bathroom. Unit 3: One-bedroom apartment with living area, kitchen, and private bath. Unit 4: Studio apartment with kitchen and bathroom. All kitchen appliances are included with the sale, along with the coin-operated washer and dryer located in the basement, providing additional income potential. Best of all, all four units are currently occupied, with the tenants in Units 1, 3, and 4 being long-term residents who have expressed their desire to remain after the sale offering immediate, stable rental income for the next owner. If you're looking for a quality investment with strong rental history, extensive recent improvements, and reliable cash flow, this East Side four-unit is one you won't want to miss. Schedule your private showing today!...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:50216149
- Added:2 day(s) ago
- Updated:July 26, 2026 at 10:13 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood Floors
- Kitchen Description:Microwave, Range/Oven, Refrigerator
- Basement Description:Poured
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Lot area:0.13 Acres
- Construction Materials:Wood
- Exterior Features:Porch, Sidewalks
- Foundation Description:Basement, Poured
- Levels:2 Story
Schools
- High school:Central High School
- Middle school:Handy Middle School
- Elementary school:Kolb Elementary
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$177,000
- Tax amount:$1,976
Features and amenities
- Appliances:Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:9 ft + Ceilings, Cable/Internet Available, Window Treatment(s)
New listings near 502 Wilson
- New
$239,900Active3 beds 2 baths1,296 sq. ft.310 S Lincoln Road, Bay City, MI 48708
MLS# 50216243Listed by: BERKSHIRE HATHAWAY HOMESERVICES, BAY CITY - Coming Soon
$219,900Coming Soon4 beds 3 baths1014 22nd, Bay City, MI 48708
MLS# 50216203Listed by: NORTH & COMPANY REALTORS GLBR - New
$290,000Active3 beds 2 baths1,625 sq. ft.3572 Meadowood, Bay City, MI 48706
MLS# 50216165Listed by: CENTURY 21 SIGNATURE REALTY - New
$250,021Active3 beds 2 baths1,720 sq. ft.2383 Muirhead, Bay City, MI 48706
MLS# 50216162Listed by: REMAX PRIME PROPERTIES - New
$20,000Active5 beds 2 baths2,252 sq. ft.1112 9th, Bay City, MI 48708
MLS# 50216155Listed by: ADVANCED REAL ESTATE LLC - New
$125,000Active2 beds 2 baths816 sq. ft.802 24th, Bay City, MI 48708
MLS# 50216133Listed by: JPAR - GREAT LAKES BAY REGION - New
$184,000Active4 beds 2 baths1,921 sq. ft.1306 Bradfield, Bay City, MI 48706
MLS# 50216150Listed by: MAKE IT HAPPEN REAL ESTATE - New
$424,900Active3 beds 2 baths1,687 sq. ft.3554 Miller, Bay City, MI 48706
MLS# 50216101Listed by: RE/MAX RESULTS - New
$508,500Active3 beds 3 baths3,150 sq. ft.2220 McKinley Ave. Street, Bay City, MI 48708-6807
MLS# 50216044Listed by: CENTURY 21 SIGNATURE REALTY - BAY CITY