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701 Center Avenue, Bay City, MI 48708

Local realty services provided by:CENTURY 21 Affiliated
701 Center Avenue,Baycity, MI 48708
$819,900
  • - Beds
  • - Baths
  • 7,428 sq. ft.
  • Multi-family
  • Active
Listed by: drew denham
Office: keller williams gr north (main)
MLS#:65025008700
Source:MI_REALCOMP

Price summary

  • Price:$819,900
  • Price per sq. ft.:$110.38

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 #:65025008700
  • Added:323 day(s) ago
  • Updated:January 21, 2026 at 10:57 AM

Rooms and interior

  • Living area:7,428 sq. ft.

Heating and cooling

  • Heating:Forced Air, Hot Water, Natural Gas

Structure and exterior

  • Year built:1870
  • Building area:7,428 sq. ft.
  • Lot area:0.33 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer at Street, Storm Drain

Finances and disclosures

  • Price:$819,900
  • Price per sq. ft.:$110.38
  • Tax amount:$12,930
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