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701 Center Avenue, Bay City, MI 48708

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Listing Type
Multi Family
Listing Status
active
50
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$875,000

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Home Details for 701 Center Avenue
Price
$875,000
Type
Multi Family
Year Build
1870
Lot Size
0.33
County
Bay
Basement
Full
Tax
$12,930.27
MLS®️ Listing#
25008700
On exitrealty.com
277 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. Presented by: Drew Denham
mls_iconThe properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2025 Southwestern Michigan Regional Information Center, LLC. All rights reserved.
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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EXIT REALTY 1ST
2755 W. Michigan Ave, Jackson , MI 49202
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$875,000

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EXIT REALTY 1ST
2755 W. Michigan Ave, Jackson , MI 49202
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