701 N Lincoln St

Bay City MI 48708

6191 sq. ft.

0.28 ac.

Multi-Family

Currently for sale - view listing

Overview

Renovated historic charm. New roof. Prime location. Maximize your portfolio with this historic five-unit mansion conversion, perfectly positioned near Bay City’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 property’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.