Do Real Estate on the Go!
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Do Real Estate on the Go!
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$425,000
8 Beds
- 4 Baths
4 full baths
3,132sqft
2311 22Nd St, Bay City, MI 48708
$425,000
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Multi Family
Built in 1962
$-- HOA
12,196.8 sqft lot
$136/sq.ft
Description
Investor Opportunity with Immediate Income Purpose-built brick garden-style 4-unit offering stable cash flow and long-term investment potential. Approximately 3,132 sq. ft. with four spacious 2-bedroom, 1-bath units. Each unit offers approximately 783 sq. ft. of living space plus a full basement with washer/dryer hookups. Utilities are separately metered and tenant-paid. Taxes and insurance are approximately $5,500/year. Gross rental income is approximately $48,000/year. Convenient Bay City location near hospital, schools, shopping and restaurants. Rare opportunity for investors seeking stable cash flow, low operating expenses, and long-term upside.
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
3,132 sqft
Lot Size
12,196.8 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
50189995
MLS Status
Active
Days on Market
246
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