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509 701st Ctr | Bay City MI | 7022305631

Shelley Niedzwiecki

This listing was posted on Shelley Niedzwiecki (via ListedBuy).

$1,100,000

509 701st Ctr, Bay City, MI 48708 MLS# 50120206

Price:
$1,100,000
BR/BA:
10+ BR, 10+ BA
Location:
509 701st Ctr, Bay City, MI
Description:

(CENTER ) This exquisite Second Empire home was constructed in 1876 by James Shearer, for he and his wife Margaret. History runs deep in its veins, including a personal letter from Thomas Edison, asking the Shearers to use their home to showcase his new technology: electricity. This magnificent structure features an abundance of historical charm & appointments, from the grandiose staircase, to intricate plasterwork, to multiple gorgeous fireplaces! You're sure to appreciate the 16 lovingly updated apartments, plenty of off street parking, in-house laundry facility, and the completely restored (2021) soffit system! This building is heated by 2 boilers. Tenants pay their own electric (appx $25/month) A stone's throw from Bay City's famous & bustling downtown with endless entertainment options, fine dining, neighborhood style pubs, shopping & offices, and much more! (GRANT ) This fantastic income generating 9 unit has been recently updated from the mansard roof (2023) to the road (yep, you read that correctly- this up & coming stretch of North Grant Street has received a total facelift this year and is sporting new asphalt! )! Fresh paint throughout, and new flooring & fixtures through much of the building allows your tenants to enjoy comfortable living in a convenient location! This massive, multi-level building features 8 1BR apartments and 1 2BR apt (2 are located in the lower level, and #9 is in the back of the building accessed by a ramp and entered by its expanded width door). Community laundry, and off street parking in the adjoining parking lot complete the package. Each apartment has its own furnace. Tenants pay their own electric. Sale rolls & expenses in the docs. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
11,466 sq. ft.
Amenities:
Fireplace, Parking
For sale by:
Agent/Broker
Agent Name:
Shelley Niedzwiecki
September 28 2023 on ListedBuy
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More About this Listing: 509 701st Ctr, Bay City, MI 48708 MLS# 50120206
509 701st Ctr, Bay City, MI 48708 MLS# 50120206 is a 10+ BR 10 Bathroom, 10+ BA, 25 Bathroom Multi-Family Real Estate for Sale at 509 701st Ctr in Bay City MI. Find other listings like 509 701st Ctr, Bay City, MI 48708 MLS# 50120206 and listings near 509 701st Ctr by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 25 Bathroom Multi-Family Real Estate for Sale in Bay City MI.