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497 Ott Road

Bay City MI 48706

4
3
2006 sq. ft.
1 ac.
Multi-Family
Currently for sale - view listing

Overview

Excellent investment opportunity in desirable Monitor Township! This fully vacant 3-unit multi-family property sits on approximately one acre in the county and offers tremendous potential for an investor or renovator looking to add value and generate future rental income. Unit 1 features a one bedroom, one bath layout with a kitchen/living room combination and separate private entrance. Unit 2 offers one bedroom, one bath, an eat-in kitchen, and living room. The upper Unit 3 includes 2 bedrooms, a full bath, eat-in kitchen, and spacious living room. Property is fully electric with separate electric service for each unit. City water is shared and not separately metered. Two large septic tanks are located in the backyard. Additional exterior features include a very large shed, wrap-around porch, fire pit area, and plenty of outdoor space on the expansive one-acre lot. Michigan basement access is located under the porch near Unit 1 entrance. Property is being sold as-is and is ready for an investor to renovate and prepare for new tenants. Great opportunity with country-style living while still being conveniently located near town amenities.

Features

4 bedrooms
3 bathrooms
2006 sq. ft. floor area
1 ac. lot size
Multi-Family

Happy sellers in Bay City

92%
92% of sellers in Bay City reported that their sale price either exceeded or met their price expectations.

Bay City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Bay City over the last 12 months.

Local market activity for 4 bedroom multi families in Bay City

In the last 12 months, 2 four-bedroom multi families similar to 497 Ott Road, have been sold.

This represents a 72% increase in four-bedroom multi families sales when compared to the previous 12 months.

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