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Sandi Smith

Trillium Real Estate

[email protected] +1(734) 216-6414

$ 280,000

Est. payment -/mo

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Active

901 Germania Street Bay City, MI 48706

0.27 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Bay City

MLS Listing ID 25047832

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 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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 County - 5

Rooms

Basement Michigan Basement

Interior

Heating Hot Water, Radiant

Fireplaces Number 1

Laundry In Basement

Exterior

Parking Features Unpaved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 4

Building

Lot Description Sidewalk, Corner Lot

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Bay City

Others

Tax ID 160-029-414-001-00

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Listed by EXP Realty (Grand Rapids)