22
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$196,900
Est. payment /mo
3 Beds
2 Baths
2,090 SqFt
Price Dropped by $3K
110 N Madison Avenue Bay City, MI 48708
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,090 sqft
Price per Sqft $94
Subdivision Mi
MLS Listing ID 50204407
Style 2 Story
Bedrooms 3
Full Baths 2
Year Built 1890
Annual Tax Amount $1,801
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 5009
Property Sub-Type Multi-Family
Property Description
Turnkey, fully renovated duplex offering immediate cash flow and long-term investment potential just minutes from Downtown Bay City. Professionally renovated by a licensed builder, this income-producing property combines quality craftsmanship with low-maintenance ownership. Both units have been extensively updated with new flooring and windows, creating clean, modern living spaces that continue to attract quality tenants. Separate electrical systems and two brand-new furnaces simplify property management while helping reduce future maintenance concerns. The lower unit is currently occupied by a long-term tenant paying $900 per month, while the upper unit has a rental potential of approximately $650 per month, providing an excellent opportunity to increase your portfolio or offset your mortgage as an owner-occupant. Whether you're a seasoned investor seeking a turnkey addition to your portfolio or a first-time buyer looking to build wealth through real estate, this well-maintained duplex offers dependable income potential in a convenient location near Downtown Bay City, shopping, restaurants, parks, and major employers.
Location
State MI
County Bay
Area Bay City (09016)
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Building
Story 2 Story
Foundation Basement
Water Public Water
Schools
School District Bay City School District
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Bay Realty Michigan
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