15 days on rocket

1009 9th St, Bay City, MI, 48708

$225,000

Home List Price

$2,672*

Closing Credit

5 Bedrooms
4 Full Baths
3,034 SqFt
$74/SqFt
Multi
Schools Nearby

Location

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1009 9th St, Bay City$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
HeatingHot Water
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #50140340
Lot Size0.23 Acres
StatusActive

About 1009 9th St

**Investment Opportunity - Prime 4-Unit Property** Monthly revenue of $3,215... Welcome to this exceptional investment property! This four-unit building presents an incredible opportunity for investors seeking a lucrative income stream. With three units currently occupied and generating steady rental income, this property offers immediate returns. There have been numerous updates, ensuring modern comforts and functionality for tenants. From renovated kitchens to upgraded bathrooms, no detail has been spared in enhancing the appeal of these units. The property boasts a strong rental history, making it an attractive option for both seasoned investors and newcomers to the market. With reliable tenants already in place, you can start earning passive income from day one. Don't miss out on this rare opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and seize the chance to secure your financial future with this fantastic investment property!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,034 SqFt

Listing Office:

  • Office Name: Ayre/Rhinehart-Midland
  • Office Phone: (989) 631-7000
  • Listing Agent: Bryan Gardner

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Porch, Street Lights, Exterior Balcony

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air, Window Unit(s)

School Info

Assigned Schools Information:

  • Bay City Central High School, Public District Grades 9-12
  • Handy Middle School, Public District Grades 6-8
  • Washington Elementary School, Public District Grades PK-5

School District Information:

  • School District: Bay City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $74/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $2,214
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bay City, MI.

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Bay City, MI

City

Med. Sold Price

$130K

Med. Price/SqFt

$104

Avg. Days On Market

34

# of Sold Homes

36

1009 9th St vs Bay City

15 DAYS ON ROCKET

-19 Days

$225,000

+$95K More

$74/SqFt

-$30 Less

KEY TAKEAWAY

This property is $95K more than the Median Sold Price and $30/SqFt less than other homes in Bay City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Bay County REALTOR Association
  • MLS Number: #50140340

Listing Office:

  • Office Name: Ayre/Rhinehart-Midland
  • Office Phone: (989) 631-7000
  • Listing Agent: Bryan Gardner

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 20, 2021Home Sold
$195,000
Aug 01, 2019Home Sold
$132,500
May 01, 2015Home Sold
$56,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $42,150
2020$2,214$36,600
2019$2,188$33,350
2018$2,360$32,900
2017$2,360$32,550

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1508667
4
/10

  • Washington Elementary School

  • 1821 Mckinley St

  • 0.50 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1508668
3
/10

  • Handy Middle School

  • 601 Blend St

  • 1.69 miles

  • Public District Grades 6-8

High School

school-card-donut-1508669
5
/10

  • Bay City Central High School

  • 1624 Columbus Ave

  • 0.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,409. Most Bay City, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Bay County›Bay City›48708›1009 9th St

This home is located at 1009 9th St in Bay City, MI and zip code 48708. This 3,034 square foot home, which was built in 1900, sits on a 0.23 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $225,000.

In April 2024, from all listings sold in Bay City, MI there were more than 14 sold above asking price, over 15 sold below and more than 7 were sold right at the asked price. The number of listings in Bay City, MI increased by 29.8% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $130,000.

From Rocket Homes Real Estate and based on county public records data.

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