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About This Home

This 8-bedroom, 4-bathroom residential multi family at 2311 22nd in Bay City, MI is listed for $425,000 ($136 per sqft). Built in 1962, the home offers 3,132 sqft of living space on a 0.28 acres lot.

Agent Description

Investor Opportunity with Immediate Income Purpose-built brick garden-style 4-unit offering stable cash flow and long-term investment potential. Approximately 3,132 sq. ft. with four spacious 2-bedroom, 1-bath units. Each unit offers approximately 783 sq.

ft. of living space plus a full basement with washer/dryer hookups. Utilities are separately metered and tenant-paid. Taxes and insurance are approximately $5,500/year. Gross rental income is approximately $48,000/year. Convenient Bay City location near hospital, schools, shopping and restaurants. Rare opportunity for investors seeking stable cash flow, low operating expenses, and long-term upside.

Key Features

  • Built in 1962
  • 0.28 acre lot

Property Details

1 story
4 full
1962

Amenities

Basement

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

2311 22nd

Bay City, MI 48708

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 2311 22nd is listed at $425,000 ($136/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.

Key features include: Built in 1962, 0.28 acre lot.

This property is listed by Jonathan Minerick and can be reached at 8884002513 or info@homecoin.com.

JM

Jonathan Minerick

Agent at HomeCoin.com

(888) 400-2513

Listed by HomeCoin.com · View on Broker Site

MLS# 50189995· Source: listhub· Updated 244 days ago

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2311 22nd, Bay City, MI 48708

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