EXIT Realty, A Smart Move!™
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us

701 Center Avenue, Bay City City, MI 48708

Share Listing

Listing Type
Multi Family
Listing Status
active
50
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$875,000

Share Listing

Home Details for 701 Center Avenue
Price
$875,000
Type
Multi Family
Bedrooms
2
Year Build
1870
Lot Size
0.33
County
Bay
Basement
Full
Tax
$12,930.27
MLS®️ Listing#
65025008700
On exitrealty.com
244 days
Property Description
Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by James and Margaret Shearer. This historic gem features 16 units--5 one-bedrooms, 1 two-bedroom, and 10 studios--blending timeless elegance with modern upgrades. Inside, you'll find preserved architectural details including a grand staircase, ornate plasterwork, and fireplaces, along with recent improvements such as a new roof, refinished windows, new gutters, off-street parking, on-site laundry, and efficient boiler heat (with gas, water, and sewer covered by the owner). Currently, 10 units are operating as Airbnbs with high upside, while the remaining units are leased to long-term tenants, offering steady income and room for future growth.Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location.
Property Features
Listing Courtesy: Keller Williams GR North (Main) - 616-447-9100
mls_icon IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2025 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Neighborhood Market Statistics

See average values in the proximity of this property

Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
Neighborhood Homes

See several nearby properties

EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
Similar Nearby Homes for Sale

See properties nearby this listing

Similar Nearby Home Values

Compare the values ​​of homes nearby

$875,000

Share Listing

EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
Request more details
First Name
Last Name
Email
Phone Number
Options
Message (74/500)
By pressing Send, you agree that EXIT Realty offices or agents may contact you via phone/text/email about your inquiry. You also agree to our Terms of Use.