305 Keystone Street, Bay City, MI 48706
305 Keystone Street, Bay City, MI 48706
305 Keystone Street, Bay City, MI 48706
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$107,000
Est. payment /mo
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4 Beds
2 Baths
1,556 SqFt
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305 Keystone Street Bay City, MI 48706

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,556 sqft

Price per Sqft $68

Subdivision Mi

MLS Listing ID 50226815

Style 1 1/2 Story

Bedrooms 4

Full Baths 2

Year Built 1943

Annual Tax Amount $1,610

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50 x 150

Property Sub-Type Multi-Family

Property Description

GREAT INVESTMENT OPPORTUNITY AT 305 KEYSTONE! 48 hour notice requested for showings. Whether you're looking to expand your rental portfolio or purchase your first income-producing property, this well-established 2-unit property is worth a look! Each unit offers 2 bedrooms, 1 full bathroom and its own laundry hookups. The lower unit rents for $675 per month and includes use of the full basement, central air and is currently on a month-to-month lease. The upper unit rents for $700 per month, has a window air conditioning unit and is leased through January 29, 2027. Combined rental income is $1,375 per month, or $16,500 annually! Gas and electric utilities are separately metered, with each tenant responsible for their own usage, while the owner pays water and sewer. The lower tenant is responsible for lawn maintenance and snow removal. Additional features include a detached 2-car garage shared by both tenants for storage. With both units currently rented, separate utilities and established rental income, this property offers an excellent opportunity to add to your investment portfolio. Don't miss your chance to own this income-producing property!

Location

State MI

County Bay

Area Bay City (09016)

Rooms

Basement Block, Full

Interior

Heating Forced Air

Cooling Central A/C, Wall/Window A/C

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 2.0

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Bay City School District

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by RE/MAX Results

Nearby Locations

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Kyle Jewell

Kyle Jewell

License ID: 6501448476

+1(989) 443-1849

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305 Keystone Street