1500 Center Avenue Bay City, MI 48708
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Bay City
MLS Listing ID 26031029
Year Built 1900
Annual Tax Amount $4,224
Tax Year 2025
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 100x135
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Recent improvements include a complete rebuild of the steam boiler system, a new porch roof, and a new garage roof, helping reduce future capital expenditure needs.
Located on one of Bay City's most iconic streets, the property is fully occupied and benefits from strong rental demand in the area. The property also features a detached garage and off-street parking, amenities that are increasingly difficult to find in historic multifamily properties.
With below-market rents and long-term ownership, investors will appreciate the opportunity to increase income over time while acquiring a well-maintained asset in a highly desirable location. Whether you're looking for a long-term hold or a value-add investment, 1500 Center Ave presents a compelling opportunity to grow your portfolio.
Don't miss your chance to own a classic Bay City investment property! 1500 Center Ave presents a compelling opportunity to grow your portfolio.
Don't miss your chance to own a classic Bay City investment property!
Location
State MI
County Bay
Rooms
Basement Full
Interior
Heating Steam
Cooling Wall Unit(s)
Exterior
Parking Features Paved
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 5
Building
Lot Description Level, Sidewalk, Corner Lot
Sewer Public Sewer
Structure Type Vinyl Siding,Wood Siding,Other
New Construction No
Schools
School District Bay City
Others
Tax ID 09-160-022-358-001-00
Acceptable Financing Cash
Listing Terms Cash
NEARBY SCHOOL & BUSINESS
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