1241 Michigan Avenue Save Request In-Person Tour Request Virtual Tour
Bay City,MI 48708
Key Details
Sold Price $60,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $20
Subdivision Mi
MLS Listing ID 50159310
Sold Date
Year Built 1930
Annual Tax Amount $1,334
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50' x 85'
Property Description
4 unit in the Southend of Bay City on the corner of Michigan and 33rd Street. Two lower storefronts, one lower apartment and one upper apartment. Potential rental income of approximately $2,500+/mo. The upper apartment is spacious of approximately 1,200 SF with one bedroom, washer & dryer and appliances. The lower apartment is occupied of approximately 800 SF with one bedroom. The south lower unit was formerly a salon of approximately 500 SF and is currently set up for a salon operation. The north lower unit of approximately 1,700 SF was formerly used as an office and storage with a restroom. Utilities are metered separately for each uint. Apartments are city approved. Full unfinished basement. New metal roof in 2016. Co-owner is a licensed real estate broker.
Location
State MI
County Bay
Area Bay City (09016)
Building
Water Public Water
Others
Ownership LLC
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Commercial Loan,Conventional