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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$319,900

Est. payment - /mo

6 Beds

6 Baths

4,039 SqFt

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 4,039 sqft

Price per Sqft $79

Subdivision James Fraser 1St Add N/S Center

MLS Listing ID 5050214106

Bedrooms 6

Full Baths 4

Half Baths 2

Year Built 1900

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type MultiFamily

Property Description

This historic 1900s home has been fully renovated with luxury modern furnishings, stainless modern appliances, upgraded ultra-efficient instant hot water boiler radiant heat system combined with new Minisplit AC / heat systems to keep the space efficiently comfortable year round. Fresh flooring, paint, trimwork, new kitchens. The home currently functions as a multi unit Airbnb - generating over $4k per month in Airbnb earnings. Owner is happy to share financials from Airbnb to justify the sale price. Excellent investment property. Walking distance to downtown, fantastic neighborhood with incredible historic homes. There is a main floor unit with a pool table room and two bedrooms, then there are two units on the 2nd floor and the basement has a bedroom and kitchen as well. Total of 4 kitchens. Spacious attic with new electric with potential for a 5th unit. Multiple large garages for storage and multiple laundry setups shared with the Airbnb units. Property being sold to include the full furnishings / decor that it is listed with on Airbnb with the exception of the basement personal property and garage personal property. All other furniture being left for the buyers. Exterior camera security system Disclosure: Agent is related to Seller (Agent is Seller's Son, Seller is Agent's Mother).

Location

State MI

County Bay

Area Area92102Baycity

Interior

Interior Features LaundryFacility

Heating Forced Air, Natural Gas, Radiant, Separate Meters, Steam

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features FourCarGarage, Basement

Garage Spaces 4.0

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Bay City

Others

Acceptable Financing Cash, ConvBlendRt, Conventional, FHA

Listing Terms Cash, ConvBlendRt, Conventional, FHA

Special Listing Condition CorporateRelocation, ShortSaleNo

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Listed by Gary L Hamilton of Dollinger & Company, Inc.

Nearby Locations

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Erin Raetz

+1(586) 996-8410

1109 5th ST Bay City, MI 48708

Erin Raetz

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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