MI > Bay City
Bay City, MI 48708,701 Center Avenue
Bay City, MI 48708,701 Center Avenue
Bay City, MI 48708,701 Center Avenue
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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619
$875,000
Est. payment /mo
0.33 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Bay City

MLS Listing ID 25008700

Year Built 1870

Annual Tax Amount $12,930

Tax Year 2023

Lot Size 0.333 Acres

Acres 0.33

Lot Dimensions 105x100

Property Sub-Type 5+ Units

Property Description

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. Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location. Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location.

Location

State MI

County Bay

Area Outside Michric Area - Z

Direction East off of N Madison, North on Center, the building is on the north side of Center.

Rooms

Basement Full

Interior

Heating Forced Air, Hot Water

Fireplaces Number 1

Laundry Common Area, In Basement

Exterior

Parking Features Unpaved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

View Y/N No

Street Surface Paved

Total Parking Spaces 17

Building

Lot Description Level, Corner Lot

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Bay City

Others

Tax ID 160-021-454-003-00

Acceptable Financing Cash

Listing Terms Cash

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Listed by Keller Williams GR North

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agent

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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