Cross Streets: Pearl
Property Sub-Type: 2 to 4 Units
Municipality: Bay City
Auction or For Sale: For Sale
New Construction: No
Lot Dimensions: 96x123
Financial Available: Yes
Road Frontage: 96
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Bay City
Lot Measurement: Acres
Lot Square Footage: 11761
Lot Acres: 0.27
Year Built: 1897
Taxable Value: 30765
SEV: 31050
For Tax Year: 2024
Seller's Annual Property Tax: 2045.71
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: R-1
Tax ID #: 160-029-414-001-00
Public Remarks: 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.
Legal: LOT 6 & N 36.89 FT OF LOT 5 BLK 8 PLAN OF VILL OF SALZBURG. (SPLIT OFF -008 FOR 1993)
Corner Lot: 1
Sidewalk: 1
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Accessibility Features: No
Unit #: 1
Unit Description: 1
SqFt: 1075
Occupied: No
Monthly Rent: 1000
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Fireplace: 1
Garage: 1
W/D Hookup: 1
Unit #: 2
Unit Description: 2
SqFt: 661
Occupied: No
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
W/D Hookup: 1
Unit #: 3
Unit Description: 3
SqFt: 891
Occupied: Yes
Monthly Rent: 815
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit #: 4
Unit Description: 4
SqFt: 667
Occupied: Yes
Monthly Rent: 683
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Close Of Escrow: 1
Subject To Tenant Rights: 1
County: Bay
Street #: 901
Street Name: Germania
Suffix: Street
State: MI
Zip Code: 48706
Area: Bay County - 5
Status: Pending
Current Price: $249,900
List Price: $249,900
Listing Date: 2025-09-17
Under Contract Date: 2025-12-16
Laundry Features: In Basement
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Gas; Sewer; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Hot Water; Radiant
Driveway: Unpaved
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Fireplace; Garage; W/D Hookup
Unit 2: W/D Hookup