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701 Center Avenue, Bay City, MI 48708

Bay City
Local realty services provided by:CENTURY 21 Affiliated
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
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:362 day(s) ago
  • Updated:March 07, 2026 at 03:58 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Forced Air, Hot Water

Structure and exterior

  • Year built:1870
  • Lot area:0.33 Acres
  • Construction Materials:Brick

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$819,900
  • Tax amount:$12,930 (2023)

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