701 Center Avenue, Bay City, MI 48708
Local realty services provided by:CENTURY 21 Forward Realty, Inc.
701 Center Avenue,Bay City, MI 48708
$819,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: drew denham
Office: keller williams gr north (main)
MLS#:25008700
Source:MI_GRAR
Price summary
- Price:$819,900
About this home
Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by James and Margaret Shearer. This historic gem features 16 units—5 one-bedrooms, 1 two-bedroom, and 10 studios—blending timeless elegance with modern upgrades. Inside, you'll find preserved architectural details including a grand staircase, ornate plasterwork, and fireplaces, along with recent improvements such as a new roof, refinished windows, new gutters, off-street parking, on-site laundry, and efficient boiler heat (with gas, water, and sewer covered by the owner). Currently, 10 units are operating as Airbnbs with high upside, while the remaining units are leased to long-term tenants, offering steady income and room for future growth. Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location.
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Home facts
- Year built:1870
- Listing ID #:25008700
- Added:278 day(s) ago
- Updated:December 13, 2025 at 04:50 PM
Heating and cooling
- Heating:Forced Air, Hot Water
Structure and exterior
- Year built:1870
- Lot area:0.33 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$819,900
- Tax amount:$12,930 (2023)
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