$130,000
PENDING

706 S Monroe St Bay City, MI 48708

Estimated payment $908/month

Total Views 11,368
5 Beds
3 Baths
1,874 Sq Ft
$69 Price per Sq Ft

About This Home

Investment opportunity awaits you in Bay City! This three-unit city certified property has long term history earning income. Each unit has separate furnace, electric and gas meter. Owner pays for water. Roof was replaced in 2023, apartment 3 has updated paint, laminate flooring as well as improvements to the kitchen and bathroom. Off street parking available behind the house with alley access.

Listing Agent

Kyle Riddle

NextHome Park Place Homes Group License #MBR-6501267309 Listed on: 08/01/2025

NextHome Park Place Homes Group

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

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units
  • Phillip Simons Sub Of Out Lot 4 & S 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160-028-452-008-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2657.43
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Bar-Refrigerator, Range/Oven
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1874

Exterior Features

  • Frontage: 50
  • Foundation Type: Basement

Utilities

  • Water: Public Water At Street
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 160-028-452-008-00
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,045.00
  • Winter Tax: Year: 2024, Amount: $612.43
  • Total Tax: Amount: $2,657.43

Multi Family

  • Total Units: 3

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
2025 $2,580 $40,000 $0 $0
2024 $1,985 $33,300 $0 $0
2023 $1,622 $31,250 $0 $0
2022 $1,762 $27,350 $0 $0
2021 $1,426 $23,950 $23,950 $0
2020 $1,352 $21,100 $21,100 $0
2019 $1,672 $20,100 $0 $0
2018 $1,654 $19,450 $0 $0
2017 $1,424 $19,250 $0 $0
2016 $1,519 $20,600 $0 $20,600
2015 $1,656 $20,750 $0 $20,750
2014 $1,656 $24,650 $0 $24,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $130,000 +74.5% $69 / Sq Ft
10/06/2021 10/06/21 Sold $74,500 0.0% $40 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $74,500 +113.5% $40 / Sq Ft
11/09/2012 11/09/12 Sold $34,900 0.0% $19 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $34,900 -- $19 / Sq Ft
Source: Midland Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $74,500 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $34,900 None Available
Deed -- --
Warranty Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,875 New Conventional
Previous Owner $71,250 Unknown
Source: Public Records

Source: Midland Board of REALTORS®

MLS Number: 50183728

Midland Board of REALTORS®

APN: 09-160-028-452-008-00