1213 Center Avenue Bay City, MI $ 650,000
1213 Center Avenue
$ 650,000
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1213 Center Avenue

Bay City, MI, 48708
$ 650,000
Bedrooms8 Baths6.2 Sq 8,622

Monthly Estimate*

$ 4,540

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Multi-Family Home for sale in Bay City, MI

for $650,000 with 8 bedrooms and 6 full baths, 2 half baths. This 8,622 square foot home was built in 1900 on a lot size of 0.34.

Unique opportunity to become a part of Bay City’s history: for your consideration is a 8622 Sq.Ft. Tudor-style mansion built in 1900, converted into spacious,comfortable apartments in the 20s. With this purchase, you are not only buying into Center Ave royalty, you are purchasing a highly successful rental and Airbnb business. The owner has carefully and meticulously upgraded the units with modern appliances, appealing design and luxury finishes to highlight the features that you only see in historic mansions. The tenants and guests enjoy the tall ceilings, hardwood floors and sprawling spaces these units provide.The AirBNB vacation rental business has been successfully in place since 2018 and has a loyal following of repeat guests. There's really no other place in the Tri Cities that offers this experience to travelers, providing the unique experience of Center Ave at its height. Meanwhile, the vacation rental units generate consistent and solid revenue for the owner, while the rental units ensure a strong, steady monthly income to serve as proof against potential market downturns. 48 hour notice for showings and need to work around AirBNB schedule.

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Multi-Family Active

Price

$ 650,000

Bedrooms

8

Full Bath

6

Half Bath

2

Property Type

Multi-Family

Taxes

$ 7,542

Style

Victorian

Lot Size

0.34

Year Built

1900

Town/City

Bay City

County/Region

Bay

MLS | Web ID

50138419

Features
General
Interior Features 9 ft + Ceilings Ceramic Floors Hardwood Floors
Heating Boiler
Cooling Ceiling Fan(s)
Possession Subject To Tenant Rights
Fireplaces LivRoom Fireplace
Garage Carport Detached Garage
Exterior Features Porch Sidewalks Street Lights
Water Public Water
Appliances Dishwasher Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 6
Half Baths 2
Bathrooms 8
Year Built 1900
Parking 3 or More Spaces Covered Parking
Subdivision JAMES FRASERS MI
Water Heater Gas
Style Victorian
County Bay
Class MULTIFAMILY
Type Multi-Family
Net Income 61859.5
Percent Ownership LLC
Municipality Bay City
Zoning Commercial
Structure Style More than 2 Stories
Area Bay City (09016)
Primary City Bay City
Location Corner Lot Main Street
Directions NW corner of Center Ave & N. Sheridan St
City Bay City
School District Bay City School District
Street Name Center
Financial Terms Cash Conventional
Legal Description LOTS 4 & 5 & S 1/2 OF LOT 3 BLK 4 JAMES FRASERS 1ST ADD N OF CENTER AVE
DOM 13
Postal Code 48708
Price Per Sq Ft 75.39
Coming Soon Unique opportunity to become a part of Bay City’s history: for your consideration is a 8622 Sq.Ft. Tudor-style mansion built in 1900 converted into spacious
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Interior
Basement Block Full
Beds 8
Fireplace? Yes
Total Number of Units 6
Bath Descriptions Other-See Remarks
Dining/Kitchen Formal Dining Room
Fuel Type Natural Gas
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Exterior
Exterior Brick Wood
Frontage 100
Flood Plan None
Lot Size Area 0.34
Lot Dimensions 100x150
Lot Description Deep Lot - 150+ Ft.
Water Features None
Roads City/County
Waterfront Y/N No
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* Excluded Features
List By
Sean Herrera

Listing Agent

Re/Max Results

Broker

realestatesean@ymail.com

Email

Affordability Calculator

$5,169
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759950 Elementary School
760432 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$650,000 Listed Price

Map


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1213 Center Avenue, Bay City, MI, 48708 is a Multi-Family Home for sale at $650,000 with 8,622 sqft and a lot size of 0.34. 1213 Center Avenue has 8 bedrooms, 6.2 baths, and was built in 1900. The property's zip code is 48708 which is in Bay City, MI