$450,000 for Sale
701 n lincoln, bay city, MI 48708
| Beds 8 | Baths 6 | 6,191 Sqft | 0.28 Acres |
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Property Description
Renovated historic charm. New roof. Prime location. Maximize your portfolio with this historic five-unit mansion conversion, perfectly positioned near Bay Cityâ??s Center Avenue Historic District and vibrant downtown entertainment. All the heavy lifting has already been done for you, highlighted by a new roof. Recent interior renovations meticulously enhance the propertyâ??s vintage architectural charm while introducing premium modern comforts. This turnkey asset offers exceptional revenue flexibility with multiple income streams, anchored by an upscale, 2,000-square-foot first-floor unit that is optimized for high-margin short-term rental use (Airbnb/VRBO) or owner-occupancy. Balanced by steady rental income from the remaining units, the property effortlessly capitalizes on year-round local demand driven by riverfront festivals, summer tourism, and traveling professionals. Character-rich, updated, and highly adaptable, this unique investment is completely ready for its next chapter.
General Information
Sale Price: $450,000
Price/SqFt: $73
Status: Active
MLS#: bcami50208832
City: bay city
Post Office: bay city
Schools: bay city school district
County: Bay
Acres: 0.28
Lot Dimensions: 100x125
Bedrooms:8
Bathrooms:6 (6 full, 0 half)
House Size: 6,191 sq.ft.
Acreage: 0.28 est.
Year Built: 1881
Property Type: Single Family
Style: More than 2 Stories
Features & Room Sizes
Bedroom 1: 25x15
Bedroom 2 : 16x11
Bedroom 3: 16x14
Bedroom 4: 15x14
Family Room: 15x12
Greatroom:
Dinning Room: 17x14
Kitchen: 12x11
Livingroom: 16x15
Pole Buildings:
Exterior: Aluminum
Exterior Misc: Porch
Fireplaces: Yes
Fireplace Description: LivRoom Fireplace,Primary Bedroom Fireplace
Basement: Yes
Basement Description: Block,Full
Foundation : Basement
Appliances: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Cooling: Ceiling Fan(s)
Heating: Hot Water
Fuel: Natural Gas
Waste: Public Sanitary,Storm
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $8,553
Est. Winter Taxes: $1,251
HOA fees:

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Listing By: Sean Herrera of RE/MAX Results, Phone: 989-686-3400