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… Read More 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. Read Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of Bay Realty Michigan, Cell: 989-385-1311, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
179
Last Updated
Property Type
Multi-Family
Square Ft.
1,597
Lot Size
0.17 Acres
MLS Number
50198673
Additional Details
Building
1,597 square feet, 2 total units, Built in 1880, Separate heat?: Yes, Style: 2 Story
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Mortgage Calculator
Monthly Payment
$0
(Source: Home Junction)
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