**Investment Opportunity - Prime 4-Unit Property** $3,215 monthly revenue... Welcome to this exceptional investment property! This four-unit building presents an incredible opportunity for investors seeking a lucrative income stream. With three units currently occupied and generating steady rental income, this property offers immediate returns. There have been numerous updates, ensuring modern comforts and functionality for tenants. From renovated kitchens to upgraded bathrooms, no detail has been spared in enhancing the appeal of these units. The property boasts a strong rental history, making it an attractive option for both seasoned investors and newcomers to the market. With reliable tenants already in place, you can start earning passive income from day one. Don't miss out on this rare opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and seize the chance to secure your financial future with this fantastic investment property!
Sold for $215,000
$215,000
1009 9th St, Bay City, MI 48708
5beds
3,034sqft
Multi Family, 1 to 4 Units
Built in 1900
-- sqft lot
$211,200 Zestimate®
$71/sqft
$1,016 Estimated rent
Home value
$211,200
$192,000 - $230,000
$1,016/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 23, 2024 at 09:47am
Listed by:
Bryan Gardner,
Ayre Rhinehart Real Estate Partners
Bought with:
Non Member
Midland Board of REALTORS
Source: MIDMLS,MLS#: 50140337
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- Basement: Block,Full
- Has fireplace: No
Interior area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Street Lights, Balcony
- Frontage length: 100
Lot
- Size: 10,018 sqft
- Dimensions: 100 x 100
Details
- Parcel number: 16002823201000
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family, 1 to 4 Units
Materials
- Brick
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Bay City
- Subdivision: C E JENNISONS
HOA & financial
Other financial information
- Total actual rent: 3215
Other
Other facts
- Price range: $215K - $215K
- Listing terms: Cash,Conventional
- Ownership: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2024 | Sold | $215,000-4.4%$71/sqft |
Source:  MIDMLS #50140337 Report a problem | ||
| 6/20/2024 | Pending sale | $225,000$74/sqft |
Source: MIDMLS #50140337 Report a problem | ||
| 5/10/2024 | Listed for sale | $225,000$74/sqft |
Source: MIDMLS #50140337 Report a problem | ||
| 5/4/2024 | Pending sale | $225,000$74/sqft |
Source: MIDMLS #50140337 Report a problem | ||
| 4/30/2024 | Listed for sale | $225,000+15.4%$74/sqft |
Source: MIDMLS #50140337 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,352 | $76,050 +6.5% |
| 2023 | -- | $71,400 +11% |
| 2022 | -- | $64,350 +52.7% |
Find assessor info on the county website
Neighborhood: 48708
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Handy Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Bay City Central High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Bay City School District
Source: MIDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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