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Jenn Smart

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1241 Michigan , Bay City, MI 48708
$219,900
Est. Payment: $1,145.93/mo
0 Bed
0 Bath
3600 Sqft
Status: active | Days on site: 117
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Turnkey mixed-use opportunity in the heart of Bay City—perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1bathcurrently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units—a salon and an office—are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal “house hack” on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses—potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns. Do not disturb residential tenants. To schedule a showing for residential units please contact listing agent directly.

Highlights

Listed by Taylor Cobb , 989-954-3087 and Zach Martin , 989-572-2221 HOMEFLO , 989-392-7719. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.19

Year Built

1930

County

Bay

Area

Bay City (09016)

Neighborhood

Johnson & Lewis 1st Add To B C

Listing ID

50206897

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:3600
Water:Public Water

Exterior Features

Lot Dimensions:irregular
Sewer:Public Sanitary
Principal Interest
$1,146
Taxes
$140

Home Price

$219,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$43,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,145.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,145.93 $140.19 $0.00 $1,286.12
Yearly $13,751.15 $1,682.24 $0.00 $15,433.39
Total $412,534.62 $50,467.05 $0.00 $463,001.67
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Bay City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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