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(989) 385-1311
Bay Realty Michigan
305 Keystone Street, Bay City, MI 48706
- $107,000
- 4
- BD
- 2
- BA
- 1,556
- SqFt
- List Price
- $107,000
- Status
- ACTIVE
- MLS#
- 50226815
- Days on Market
- 1
- Year Built
- 1943
- Bedrooms
- 4
- Bathrooms
- 2
- Acres
- 0.17
- Living Area
- 1,556
- Municipality
- Bay City
- Region
- Bay City
- Township
- Bay City
- Subdivision
- Wheeler & Cos 1st Add
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!
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Additional Information
- Lot Dimensions
- 50 x 150
- Heating
- Forced Air
- Cooling
- Central Air, Wall/Window Unit(s)
- Basement
- Yes
- Basement Description
- Block, Full
- Appliances
- Range/Oven, Refrigerator, Gas Water Heater
- Exterior Features
- Sidewalks, Street Lights
- Sewer
- Public Sanitary
- Foundation
- Basement
- Water
- Public
- Garage Spaces
- 2
- School District
- Bay City School District
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Listing Courtesy of RE/MAX Results, Office Phone: 989-686-3400
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.