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$ 129,900
Est. payment /mo
New
1813 3rd St Street Bay City, MI 48706
2 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Bay City
Subdivision Bay City
MLS Listing ID 50217135
Year Built 1880
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 7492
Source MiRealSource
Property Description
Whether you're looking to expand your rental portfolio or purchase your first income-producing property, this Certified Rental duplex offers a compelling investment opportunity in one of Bay City's established rental markets. Conveniently located just minutes from Downtown Bay City, near Carol Park and the Johnson Street Business District, this property provides strong rental appeal with easy access to shopping, dining, parks, and major employers. Designed for efficient property management, the duplex features separate heating systems and separate hot water tanks for each unit, helping simplify utility responsibilities. Recent capital improvements include a new Concord 95 furnace (2022) serving the larger unit and new baseboard heating in the smaller unit, reducing near-term maintenance concerns. Both units are clean, well maintained, and move-in ready. The property is currently vacant, giving investors the flexibility to establish market-rate rents or allowing an owner-occupant to offset their mortgage through rental income. The smaller unit has historically rented for approximately $720 per month, while the larger unit has rented for approximately $950 per month, offering an attractive opportunity for immediate cash flow. With rental certification already in place and recently renewed, key mechanical updates completed, and a location that continues to attract tenants, this duplex is well suited for investors seeking a straightforward, income.
Location
State MI
County Bay
Interior
Heating Forced Air
Exterior
View Y/N No
Others
Tax ID 160-022-328-013-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Bay Realty Michigan
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250 Monroe Ave NW, Grand Rapids, MI, 49503, USA
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