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507 S Wenona, Bay City, MI 48706

Bay City
Local realty services provided by:CENTURY 21 Realty North
507 S Wenona,Bay City, MI 48706
$150,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ali smith
Office: ayre/rhinehart bay realtors
MLS#:50216636
Source:MI_REALSOURCE

Price summary

  • Price:$150,000

About this home

Excellent Investment Opportunity! Well-maintained city certified 3-unit multifamily property. Unit 1 - one bedroom unit 2 - one bedroom with office/bonus room, and unit 3 is a larger two bedroom with just under 1,000 sq ft. of space. Great income potential! Unit 1 is currently vacant, offering an ideal opportunity for an owner-occupant or investor to lease at market rates. Current rents are $900, $950, and $1,100 per month. Utilities are separate, but currently included in all rents. Major improvements include a newer roof, high-efficiency windows throughout, updated flooring and paint in all units, and two furnaces replaced approximately two years ago. Unit 1 features newer appliances. Additional highlights include off-street parking and inviting porches on Units 1 and 2. A fantastic opportunity to expand your investment portfolio or live in one unit while generating rental income from the others!

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Home facts

  • Year built:1890
  • Subdivision & Development:Lake City
  • Listing ID #:50216636
  • Added:37 day(s) ago
  • Updated:August 17, 2026 at 08:04 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1890
  • Lot area:0.13 Acres
  • Foundation Description:Basement
  • Levels:1 1/2 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$150,000
  • Tax amount:$1,684
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