$95,000

1221 Marsac St Bay City, MI 48708

Estimated payment $649/month

Total Views 7,807
4 Beds
2 Baths
1,514 Sq Ft
$63 Price per Sq Ft

Highlights

  • Corner Lot
  • Baseboard Heating
  • 5-minute walk to Roosevelt Park
  • Porch

About This Home

Time to Make it Yours on Marsac! This multi family unit is beaming with opportunity for next investment. The upper unit offers a separate exterior entrance. New flooring throughout the 2 bedroom, 1 bathroom unit. The lower unit is larger and boasts 2 entrances, one off the back and one off the adorable front porch. The kitchen flows into the large living room with real hardwood floors that run through both bedrooms. Both units are currently rented with a month-to-month agreement. Central boiler system located in the common area basement heats both units, water is shared, electricity is separate. This two unit building is located on a nice corner lot and bringing in a combined total of $1550 in income monthly! Add to your current investment portfolio or get a jump start with this income producing unit.

Listing Agent

Jennafer Tipton

Modern Realty License #SBR

Modern Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Basement Storage

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Additional Features

  • 2-Story Property
  • Porch

Community Details

  • 2 Units
  • Daglish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160-033-308-005-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,402

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Block, Common, Outside Entrance
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1514

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: City/County

Utilities

  • Water Heater: Gas
  • Heating System: Baseboard, Boiler
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-033-308-005-00
  • Location: Corner Lot
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $881.40
  • Winter Tax: Year: 2023, Amount: $520.33
  • Taxable Value: 15605
  • Total Tax: Year: 2023, Amount: $1,401.73
  • SEV Year: 2023

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bay City School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,726 $30,550 $0 $0
2023 $881 $20,400 $0 $0
2022 $1,811 $18,450 $0 $0
2021 $1,044 $16,700 $16,700 $0
2020 $1,306 $14,700 $14,700 $0
2019 $1,240 $13,950 $0 $0
2018 $1,312 $13,600 $0 $0
2017 $1,146 $13,450 $0 $0
2016 $1,145 $14,950 $0 $14,950
2015 $1,713 $16,800 $0 $16,800
2014 $1,713 $22,300 $0 $22,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $95,000 +3.3% $63 / Sq Ft
11/17/2023 11/17/23 Sold $92,000 -3.2% $61 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $95,000 -- $63 / Sq Ft
Source: Michigan Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $92,000 None Listed On Document
Special Warranty Deed $15,000 None Available
Quit Claim Deed -- --
Sheriffs Deed $57,226 --
Warranty Deed $56,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,000 New Conventional
Previous Owner $0 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Michigan Multiple Listing Service

MLS Number: 50175671

Michigan Multiple Listing Service

APN: 09-160-033-308-005-00