1813 3rd Street, Bay City, MI 48706

$144,900
4
BD
2
BA
1,597
SqFt

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List Price
$144,900
Status
ACTIVE
MLS#
50198673
Days on Market
178
Year Built
1880
Price Change
▼ $10,000 1782871447
Bedrooms
4
Bathrooms
2
Acres
0.17
Living Area
1,597
Municipality
Bay City
Region
Bay City
Township
Bay City

Property Description

Whether you're looking to expand your rental portfolio or purchase your first income-producing property, this Certified Rental duplex offers a compelling investment opportunity in one of Bay City's established rental markets. Conveniently located just minutes from Downtown Bay City, near Carol Park and the Johnson Street Business District, this property provides strong rental appeal with easy access to shopping, dining, parks, and major employers. Designed for efficient property management, the duplex features separate heating systems and separate hot water tanks for each unit, helping simplify utility responsibilities. Recent capital improvements include a new Concord 95 furnace (2022) serving the larger unit and new baseboard heating in the smaller unit, reducing near-term maintenance concerns. Both units are clean, well maintained, and move-in ready. The property is currently vacant, giving investors the flexibility to establish market-rate rents or allowing an owner-occupant to offset their mortgage through rental income. The smaller unit has historically rented for approximately $720 per month, while the larger unit has rented for approximately $950 per month, offering an attractive opportunity for immediate cash flow. With rental certification already in place and recently renewed, key mechanical updates completed, and a location that continues to attract tenants, this duplex is well suited for investors seeking a straightforward, income-producing asset or buyers interested in building long-term wealth through real estate.

Additional Information

Heating
Baseboard, Forced Air
Sewer
Public Sanitary
Foundation
Basement
Water
Public
School District
Bay City School District

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Listing Courtesy of Bay Realty Michigan, 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.