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$ 280,000
Est. payment | /mo
0.27 Acres Lot
$ 280,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70494485
Year Built 1897
Annual Tax Amount $2,045
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 96x123
Property Sub-Type Multi-Family
Property Description
901 Germania Street in Bay City is a solid 4-unit income property producing steady rental revenue - Making this a reliable addition for an investor seeking consistent cash flow. One unit is currently vacant - creating an ideal opportunity for a buyer (with as little as 3.5% down) to live in one unit while using rental income from the others to offset ownership costs. The building is located close to downtown amenities, shopping, dining, and the riverfront, providing tenants with convenient access to daily needs and entertainment. With a history of occupancy and income production, this property offers stability and potential for long-term growth. A practical opportunity for investors looking to expand or begin their rental portfolio in a well-positioned Bay City neighborhood. Market rent is around $3,400/month.
Location
State MI
County Bay
Area Bay City (09016)
Rooms
Basement MI Basement
Interior
Heating Hot Water, Radiant
Exterior
Exterior Feature Wood
Parking Features Additional Garage(s)
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Wood
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty (Grand Rapids)
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