1221 Marsac Street, Bay City, MI 48708

$115,000
4
BD
2
BA
1,514
SqFt

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List Price
$115,000
Status
ACTIVE
Days on Market
1
MLS#
50227692
Subtype
Residential Income
Year Built
1900
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,514
Lot Size
4,791
Acres
0.11
MLS Area Major
Bay City

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 $1,600 in monthly income ($19,200 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!

Additional Information

Taxes
$2,038
Heating
Boiler
Stories
2
Levels
Two
Foundation
Crawl
School District
Bay City School District

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Listing Courtesy of Keller Williams Grand Rapids North, Office Phone:

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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.