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Jenn Smart

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501 S Madison , Bay City, MI 48708
$64,900
Est. Payment: $338.20/mo
3 Bed
2 Bath
3615 Sqft
Status: active | Days on site: 46
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Originally built in 1920, this unique property began life as a neighborhood saloon before becoming a residence over the years. Offering approximately 3615 square feet, this property features a 3-bedroom layout with 1 1/2 bathrooms in its current configuration, with the potential to create additional flexible living spaces. The upstairs bathroom will make the primary bedroom a suite. The layout provides endless possibilities for a large single-family home, multi-generational living, or other uses permitted by local zoning R2. Major improvements include a newer rubber roof and some updated plumbing The home does need updating, particularly in the bathrooms and damage to ceilings from previous leaks, making it an excellent choice for investors, restoration enthusiasts, or buyers looking to build equity through renovation. Original details from the building's early days still remain, adding charm and character that simply can't be recreated in newer construction. Whether you appreciate historic architecture or enjoy bringing older homes back to life, you'll find plenty of inspiration here! This is not a move-in-ready home, but it is a rare opportunity to own a distinctive historic property with tremendous upside. A cash buyer is preferred. Bring your vision and transform this one-of-a-kind building into something extraordinary!

Highlights

Listed by Charlene Rupp , 989-233-3301 Bay Area Real Estate , 989-686-3300. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.11

Year Built

1920

County

Bay

Area

Bay City (09016)

Neighborhood

Phillip Simons Sub

School District

Bay City School District

Listing ID

50212849

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Above Ground Sq Ft:3615
Below Ground Sq Ft:0
Basement:Partial
Water:Public Water

Exterior Features

Lot Dimensions:50x100
Sewer:Public Sanitary
Principal Interest
$338
Taxes
$123

Home Price

$64,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$12,980
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:
$338.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $338.20 $122.82 $0.00 $461.02
Yearly $4,058.44 $1,473.84 $0.00 $5,532.28
Total $121,753.05 $44,215.20 $0.00 $165,968.25
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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.

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 2026 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.

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Data last updated: 2026-09-02T01:10:54.300Z

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