$249,900 for Sale
1241 michigan, bay city, MI 48708
Property Description
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, 1 bath 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
General Information
Sale Price: $249,900
Price/SqFt: $69
Status: Active
MLS#: 50198379
City: bay city
Post Office: bay city
Schools: bay city school district
County: Bay
Subdivision: johnson & lewis 1st add to b c
Acres: 0.19
Lot Dim: irregular
Bedrooms:3
Bathrooms:4 (2 full, 4 half)
Size: 3,600 sq.ft.
Acreage: 0.19 est.
Year Built: 1930
Style: 2 Story
Features & Room Sizes
Basement: Yes
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $1,666
Est. Winter Taxes: $2,025
Listing Courtesy of: Taylor Cobb of Our Home & Co Real Estate
Information provided by Saginaw Board of REALTORS
®
Listing information provided courtesy of the Saginaw Board of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
This listing last updated: Wed, January 28, 2026 at 3:58:14 PM EST
SBR Listing Data Last Updated on Fri, January 30 2026 at 9:38am
