MI
Bay
Bay City City
48708
2311 22nd Street
2311 22nd Street, Bay City City, MI 48708
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Listing Type
Multi Family
Listing Status
Active
24
$439,000

Home Details for 2311 22nd Street

Price
$439,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
3132
Year built
1962
Lot size acres
0.28
County
Bay
Garage
Days on site
70
MLS Listing#
58050189995
Property Description

Investor Opportunity with Immediate Income & Upside. Purpose-built garden-style 4-Unit offering stable cash flow and clear value-add potential. Each unit is approx. 800sq ft with equal basement space and washer/dryer hookups. All units feature refreshed finishes, and mechanical improvements. Two units leased at $850/month to long-term tenants (below-market), one unit leased at $1,000/month and one fully renovated ready to lease at $1,050/month. Separately metered, tenant paid utilities maximize cash flow. Taxes + insurance are approx. $5,500/year. Estimated full-leased gross income of approx. $45,000/year. Strong value-add upside makes this ideal for investors or house hackers seeking immediate income and long-term growth.

Property Features
  • Heating Information
    • Separate Meters
    • Other
  • Cooling Information
    • None
  • Water Features
    • Other
Listing Courtesy: HomeCoin.com - 888-400-2513
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EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
Office
810 347 5354
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