814 Center Avenue Bay City, MI 48708

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$795,000

Market Estimate

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22 Beds
14 Baths
Multi-Family
MLS# 50137890

Listing provided courtesy of: Ayre/Rhinehart Bay REALTORS

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Property Details

Description

A glamorous historic gem, located on Bay City's iconic Center Avenue! This stunning building offers 11 abundantly proportioned units, and is in a prime location for a STR type conversion! Your tenants will enjoy Bay City's famous St. Patrick's Day Parade passing by their front yard, views of our fireworks, and will be moments from all of the excitement downtown has to offer! Building includes a full service coin-operated laundry room, freight elevator for ease of move-ins, storage rooms in the basement for each unit, and a spacious 9 vehicle garage. Sweeping city views from most windows & charming (inoperative) fireplaces provide ambiance; formal dining rooms, large living rooms, and most units are 2-3 BRs. New steam boiler in Dec. 2022, new garage roof, and several units have had recent major remodels!

General Features
- Acreage 0.38
- Area Municipality Bay City (09016)
- County Bay
- Municipality Bay City
- Municipality Type City
- Subdivision NA
- Waterfront Y/N No
- ZONING Commercial,Multi-Family
- Year Built 1930
Building Features
- Basement Y/N Yes
- Appliances Dryer, Range/Oven, Refrigerator, Washer
- Structure Style More than 2 Stories
- Garage Type Detached Garage
- Garage Num of Car 9
- Foundation Type Basement
- Fireplace Y/N No
- Exterior Construction Brick
- COOLING SYSTEM Ceiling Fan(s)
- Total Bathrooms 14
- Full Bathrooms 13
- BATH DESCRIPTIONS Basement Bath Lav/Half
- Basement Type Brick, Common, Full, Partially Finished, Walk Out
- Total Units 11
Room Features
- Guest Listings Y/N No
Property Features
- Water Public Water
- Lot Size 100x150
- Sewer Septic Public Sanitary
- Fuel Type Natural Gas
Schools
- School District Bay City School District

Contact

Mark Duncan

Office Owner

RE/MAX Results

Mobile: 989-239-3664

Neighborhood

48708 (Bay City) Demographics

41 Median Age

915 Population Density (per sq. mile)

26% College Educated

$40,456 Estimated Median Income

7,584 Estimated Total Home Owners

3,582 Estimated Total Renters

68% / 32% Estimated Owner / Renter Divide

2 Estimated Average Household Size

26,255 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$137,500 Median Sales Price

47 Homes Sold

47 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $795,000
4/6/2024 2:35:00 PM	New in Database Source: Multiple Listing Service	New Value: $795,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Listing provided courtesy of the RABC MLS INTERNET DATA EXCHANGE (IDX). Information not legally guaranteed. All items should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.