MI > Bay City
Bay City, MI 48708,701 Center Avenue
Bay City, MI 48708,701 Center Avenue
Bay City, MI 48708,701 Center Avenue
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Sherie Berry

Sherie Berry

Homes by Hazard

+1(616) 581-3294
$875,000
Est. payment /mo
0.33 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Bay City

MLS Listing ID 25008700

Year Built 1870

Annual Tax Amount $12,930

Tax Year 2023

Lot Size 0.333 Acres

Acres 0.33

Lot Dimensions 105x100

Property Sub-Type 5+ Units

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, 9 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. 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 Outside Michric Area - Z

Direction East off of N Madison, North on Center, the building is on the north side of Center.

Rooms

Basement Full

Interior

Heating Forced Air, Hot Water

Fireplaces Number 1

Laundry Common Area, In Basement

Exterior

Parking Features Unpaved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

View Y/N No

Street Surface Paved

Total Parking Spaces 17

Building

Lot Description Level, Corner Lot

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Bay City

Others

Tax ID 160-021-454-003-00

Acceptable Financing Cash

Listing Terms Cash

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Listed by Keller Williams GR North

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agent

Sherie Berry

+1(616) 581-3294

Agent | License ID: 6501452737

Agent License ID: 6501452737

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