$50,000

806 S Monroe Street

Bay City MI, 48708

Description

ATTENTION INVESTORS!!! Don't miss your opportunity to own this tenant occupied 2 unit rental home located in a quiet family neighborhood! Recent updates include new roof, upstairs furnace & hot water tank. The lower level contains an enclosed porch, 3 bedrooms, a spacious living room, kitchen, dining room & 1 full bath. The upper Bungalow style unit provides a living area, 2 bedrooms, 1 full bath & private balcony. Full, unfinished common basement. Large, fenced back yard with mature trees & shed for additional storage. Centrally located to shopping, dining & entertainment. Easy access to freeways. Current Net Annual Income of $8,580 with owner paying for electric/water/sewer. All showings to be approved by current tenants. Please allow for 24+ hour notice for all requested showings. Great ROI! Gross monthly rent $1275 with $700/mo in cash flow.

Details

MLS#2200046414
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1897
Days On Site157

Features

SQ Feet1,488
Units2
Building(s)1

Market Activity 48708

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Area Information
StateMI
CountyBay
CityBay City
Zip Code48708
AreaBay City
Listing VS Median (in 48708)
Price:
$50,000
low | high
Med:
$81,450
12.9% of Average
SqFt:
1,488
low | high
Med:
1,199
69.45564516129% of Average
$ / SqFt:
$34
low | high
Med:
$77
78.733762053851% of Average
On Site:
157
low | high
Med:
47.500000
100% of Average
Listing Updated: November 25, 2020 8:06:04 PM PST
Michael Perna LogoMLS Number: 2200046414
Listing Provided By:
Michael Perna  of  Keller Williams Advantage
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.