507 S Wenona Street, Bay City, MI 48706

$156,000
5
BD
3
BA
2,016
SqFt

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Sold Price
$156,000
List Price
$150,000
Status
CLOSED
MLS#
50216636
Days on Market
7
Year Built
1890
Closing Date
Sep 28, 2026
Bedrooms
5
Bathrooms
3
Acres
0.13
Living Area
2,016
Municipality
Bay City
Region
Bay City
Township
Bay City
Subdivision
Lake City

Property Description

Excellent Investment Opportunity! Well-maintained city certified 3-unit multifamily property. Unit 1 - one bedroom unit 2 - one bedroom with office/bonus room, and unit 3 is a larger two bedroom with just under 1,000 sq ft. of space. Great income potential! Unit 1 is currently vacant, offering an ideal opportunity for an owner-occupant or investor to lease at market rates. Current rents are $900, $950, and $1,100 per month. Utilities are separate, but currently included in all rents. Major improvements include a newer roof, high-efficiency windows throughout, updated flooring and paint in all units, and two furnaces replaced approximately two years ago. Unit 1 features newer appliances. Additional highlights include off-street parking and inviting porches on Units 1 and 2. A fantastic opportunity to expand your investment portfolio or live in one unit while generating rental income from the others!

Additional Information

Lot Dimensions
50 x 110
Heating
Forced Air
Sewer
Public Sanitary
Foundation
Basement
Water
Public
School District
Bay City School District

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Listing Courtesy of Ayre/Rhinehart Bay REALTORS, Office Phone: 989-892-4800

Selling Office: Berkshire Hathaway HomeServices, Bay City.

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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.