$115,000
Bay City, MI 48708
MLS# 26060240
1 / 24
Property Description
Money Maker on Marsac! Whether you're expanding your investment portfolio or purchasing your first rental, this two-unit multifamily offers an excellent opportunity! Both units are rented month-to-month, generating $1,550 in monthly income ($18,600 annually). The upper unit features 2 bedrooms, 1 bathroom, new flooring, and a private exterior entrance. The spacious lower unit offers two entrances, a charming front porch, a large living room, and original hardwood floors extending through both bedrooms. A central boiler heats both units, water is shared, and electricity is separately metered. Situated on a corner lot, this income-producing property offers immediate rental income and potential for future growth!
Details
Location & Property Info
Cross Streets: 32nd Street
Property Sub-Type: 2 to 4 Units
Municipality: Bay City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 50x100
Road Frontage: 50
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Bay City
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 32347
SEV: 40100
For Tax Year: 2025
Seller's Annual Property Tax: 2039
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 09-160-033-308-005-00
Remarks & Misc
Public Remarks: Money Maker on Marsac! Whether you're expanding your investment portfolio or purchasing your first rental, this two-unit multifamily offers an excellent opportunity! Both units are rented month-to-month, generating $1,550 in monthly income ($18,600 annually). The upper unit features 2 bedrooms, 1 bathroom, new flooring, and a private exterior entrance. The spacious lower unit offers two entrances, a charming front porch, a large living room, and original hardwood floors extending through both bedrooms. A central boiler heats both units, water is shared, and electricity is separately metered. Situated on a corner lot, this income-producing property offers immediate rental income and potential for future growth!
Legal: LOT 6 BLK 105 DAGLISH DIV OF PORTSMOUTH
Lot Description
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Hot Water: 1
Radiant: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Substructure
Crawl Space: 1
Full: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower Unit
SqFt: 865
Occupied: Yes
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Upper unit
SqFt: 649
Occupied: Yes
Monthly Rent: 700
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Bay
Street #: 1221
Street Name: Marsac
Suffix: Street
State: MI
Zip Code: 48708
Zip (4): 8549
OfficeContract Info
Status: Active
Current Price: $115,000
List Price: $115,000
Listing Date: 2026-11-13
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Crawl Space; Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Baseboard; Hot Water; Radiant
Air Conditioning: Window Unit(s)
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Listing Office: Keller Williams GR North
Listing Agent: Drew Denham
Last Updated: November - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.