701 Center Avenue, Bay City, MI 48708
sale
$819,900
|
Other
Courtesy Of Grand Rapids North Market Center, LLC
3237 Platinum St NE, Grand Rapids, MI 49525
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.
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Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 16
- Exterior Type: Brick
- Floors: 2
- Heating System: Baseboard
- Heating System: Forced Air
- Legal Description: LOTS 7 & 8 & S 32 FT OF LOT 9 BLK 58 & W 10 FT OF VAC ALLEY ADJ LOWER SAGINAW
- MLSID: 25008744
- Parking Spaces: 17
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Basement
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 14
- Rooms: Bathroom 13
- Rooms: Bathroom 16
- Rooms: Bathroom 15
- Rooms: Bathroom 10
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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