About 901 Germania Street
901 Germania Street in Bay City is a solid 4-unit income property producing steady rental revenue - Making this a reliable addition for an investor seeking consistent cash flow. One unit is currently vacant - creating an ideal opportunity for a buyer (with as little as 3.5% down) to live in one unit while using rental income from the others to offset ownership costs. The building is located close to downtown amenities, shopping, dining, and the riverfront, providing tenants with convenient access to daily needs and entertainment. With a history of occupancy and income production, this property offers stability and potential for long-term growth. A practical opportunity for investors looking to expand or begin their rental portfolio in a well-positioned Bay City neighborhood. Market rent is around $3,400/month.
Features of 901 Germania Street
| MLS® # | 65025047832 |
|---|---|
| Price | $280,000 |
| Bathrooms | 0.00 |
| Acres | 0.27 |
| Year Built | 1897 |
| Type | Multifamily |
| Status | Active |
Community Information
| Address | 901 Germania Street |
|---|---|
| Area | 92102 - Bay City |
| City | Bay City city |
| County | Bay |
| State | Michigan |
| Zip Code | 48706 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected |
|---|---|
| Parking | Garage, Unpaved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas, Radiant |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Construction | Wood Siding |
| Foundation | Michigan Basement |
School Information
| District | Bay City |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty (Grand Rapids) |
|---|---|
| Contact Info | andysmithgroup@gmail.com |