1706 Mckinley Avenue, Bay City, MI 48708

$146,000
4
BD
2
BA
1,324
SqFt

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List Price
$146,000
Status
ACTIVE UNDER CONTRACT
Days on Market
102
Price Change
▼ $13,900 1787300356
MLS#
50209773
Subtype
Residential Income
Year Built
1897
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,324
Lot Size
7,405
Acres
0.17
Subdivision
Plan Of Birneys Add To B C
MLS Area Major
Bay City

Property Description

— Fully rented cash flowing duplex with good reliable tenants and the opportunity for even greater NOI. — This two-story home on MCKINLEY AVENUE has been thoughtfully converted into a FULLY RENTED DUPLEX — and it's already doing the work for you. Unit 2 upstairs has been FULLY RENOVATED and is currently LEASED through April. Unit 1 on the main floor is occupied MONTH-TO-MONTH and is ready for a cosmetic refresh when the time is right — a straightforward opportunity to ADD VALUE. Combined, the property brings in STRONG GROSS RENTS with a SOLID NET OPERATING INCOME — full details available in supplements. Each unit offers two bedrooms and one full bath, with a layout that gives both tenants a full floor to themselves. Shared access to the basement means LAUNDRY is covered, and the GARAGE rounds out the amenities nicely. In back, there is room for 4 or more vehicles in the driveway, plus a fenced pet run, which is one of those little details that keeps good tenants around.

Additional Information

Interior Features
Cable/Internet Avail.
Exterior Features
Sidewalks, Balcony
Taxes
$2,642
Appliances
Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
Heating
Forced Air
Air Conditioning
Ceiling Fan(s), Wall/Window Unit(s)
Stories
2
Levels
Two
Foundation
Basement
Parking Features
3 or More Spaces, Garage
Garage Spaces
1
School District
Bay City School District

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Calculator source: Real Geeks

Listing Courtesy of REAL ESTATE ONE - GLADWIN, Office Phone: 989-426-6561

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.