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Bay City, MI, 48708 • 48708 • Bay County
$65/sqft
-$5,000 since Apr 1, 2026
Down payment assistance available
3Beds
4Baths
3,600Sqft
0.19 acLot
1930Built
Character Home
Built 1930 · 96 years of history
Johnson & Lewis 1st Add To B C
48708
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Listed 22 days ago · 679 views · 16 saves
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22 days on market
Recently listed
$65/sqft
Price per square foot
Multi Family · Built 1930 · Historic
Turnkey mixed-use opportunity in the heart of Bay City—perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1bath currently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units—a salon and an office—are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal “house hack” on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses—potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns.
Based on current rates
Est. 6.88% rate · 30yr fixed · $186,000 loan
Full calculator →Key facts and listing details
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3 schools rated nearby
Bay City, MI, 48708
6 events
Local context around this listing
Bay City, MI • Bay County
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