1813 3rd Street, Bay City, MI 48706
1813 3rd Street, Bay City, MI 48706
1813 3rd Street, Bay City, MI 48706
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$144,900
Est. payment /mo
2 Baths
7,405 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Bay City

Subdivision Bay City

MLS Listing ID 50198673

Year Built 1880

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 7492

Source MiRealSource

Property Description

Whether you're looking to expand your rental portfolio or purchase your first income-producing property, this Certified Rental duplex offers a compelling investment opportunity in one of Bay City's established rental markets. Conveniently located just minutes from Downtown Bay City, near Carol Park and the Johnson Street Business District, this property provides strong rental appeal with easy access to shopping, dining, parks, and major employers. Designed for efficient property management, the duplex features separate heating systems and separate hot water tanks for each unit, helping simplify utility responsibilities. Recent capital improvements include a new Concord 95 furnace (2022) serving the larger unit and new baseboard heating in the smaller unit, reducing near-term maintenance concerns. Both units are clean, well maintained, and move-in ready. The property is currently vacant, giving investors the flexibility to establish market-rate rents or allowing an owner-occupant to offset their mortgage through rental income. The smaller unit has historically rented for approximately $720 per month, while the larger unit has rented for approximately $950 per month, offering an attractive opportunity for immediate cash flow. With rental certification already in place and recently renewed, key mechanical updates completed, and a location that continues to attract tenants, this duplex is well suited for investors seeking a straightforward, income-producing asset or buyers interested in building long-term wealth through real estate.

Location

State MI

County Bay

Interior

Heating Baseboard, Forced Air

Exterior

View Y/N No

Others

Tax ID 160-022-328-013-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by Bay Realty Michigan

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Leslie Baker

Leslie Baker

+1(616) 218-0650

Agent | License ID: 6506046760

Agent License ID: 6506046760

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