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1 Story, Multi-Family - Bay City, MI
Investor Opportunity with Immediate Income & Upside. Purpose-built garden-style 4-Unit offering stable cash flow and clear value-add potential. Each unit is approx. 800sq ft with equal basement space and washer/dryer hookups. All units feature refreshed finishes, and mechanical improvements. Two units leased at $850/month to long-term tenants (below-market), one unit leased at $1,000/month and one fully renovated ready to lease at $1,050/month. Separately metered, tenant paid utilities maximize cash flow. Taxes + insurance are approx. $5,500/year. Estimated full-leased gross income of approx. $45,000/year. Strong value-add upside makes this ideal for investors or house hackers seeking immediate income and long-term growth.
Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guarante...
Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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