701 Center Avenue Active Save Request In-Person Tour Request Virtual Tour
Bay City,MI 48708
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025008700
Bedrooms 1
Year Built 1870
Annual Tax Amount $12,930
Lot Size 0.330 Acres
Property Description
Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by James and Margaret Shearer. This historic gem features 16 units--5 one-bedrooms, 1 two-bedroom, and 10 studios--blending timeless elegance with modern upgrades. Inside, you'll find preserved architectural details including a grand staircase, ornate plasterwork, and fireplaces, along with recent improvements such as a new roof, refinished windows, new gutters, off-street parking, on-site laundry, and efficient boiler heat (with gas, water, and sewer covered by the owner). Currently, 10 units are operating as Airbnbs with high upside, while the remaining units are leased to long-term tenants, offering steady income and room for future growth.Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location.
Location
State MI
County Bay
Area Bay City
Zoning Other
Interior
Heating Forced Air,Hot Water
Laundry 1
Exterior
Garage Spaces 17.0
Building
Sewer Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal)
Structure Type Brick
Schools
School District Bay City
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other