Home Details for 1241 Michigan Avenue

Turnkey mixed-use opportunity in the heart of Bay City perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1 bath currently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units a salon and an office are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal house hack on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns. Please do not disturb tenants.

• Heating Information

  • Forced Air
  • Natural Gas
  • Separate Meters

• Cooling Information

  • None

• Water Features

  • Public