701 Center Avenue, Bay City, MI

$819,900

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7,428

Square feet

0.33

Acres

About 701 Center Avenue

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.

Features of 701 Center Avenue

MLS® # 70455358
Price $819,900
Square Footage 7,428
Acres 0.33
Year Built 1870
Type MULTIFAMILY
Status Active
Source MLS MiRealSource
Originating MLS Greater Regional Alliance of REALTORS

Community Information

Address 701 Center Avenue
Area Bay City
City Bay City
County Bay
State MI
Zip Code 48708

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Hot Water, Forced Air

Exterior

Foundation Basement

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeKeller Williams GR North (Main)

Listing Map

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