Do Real Estate on the Go!
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Do Real Estate on the Go!
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Street View
$439,000
8 Beds
- 4 Baths
4 full baths
3,132sqft
2311 22Nd St, Bay City, MI 48708
$439,000
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Multi Family
Built in 1962
$-- HOA
12,196.8 sqft lot
$140/sq.ft
Description
Investor Opportunity with Immediate Income & Upside. Purpose-built garden-style 4-Unit offering stable cash flow and clear value-add potential. Each unit is approx. 800sq ft with equal basement space and washer/dryer hookups. All units feature refreshed finishes, and mechanical improvements. Two units leased at $850/month to long-term tenants (below-market), one unit leased at $1,000/month and one fully renovated ready to lease at $1,050/month. Separately metered, tenant paid utilities maximize cash flow. Taxes + insurance are approx. $5,500/year. Estimated full-leased gross income of approx. $45,000/year. Strong value-add upside makes this ideal for investors or house ha...
Continue ReadingProperty 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
67
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