Skip To Content

507 S Wenona

Bay City, MI 48706
  • $150,000
  • STATUS: Pending
  • ON SITE: 19 Days
  • MLS #: 50216636
Pending
UPDATED: 142 min ago
$150,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,016
    SQFT
  • $74
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Bay

School Ratings & Info

School District:

Description

Excellent Investment Opportunity! Well-maintained city certified 3-unit multifamily property. Unit 1 - one bedroom unit 2 - one bedroom with office/bonus room, and unit 3 is a larger two bedroom with just under 1,000 sq ft. of space. Great income potential! Unit 1 is currently vacant, offering an ideal opportunity for an owner-occupant or investor to lease at market rates. Current rents are $900, $950, and $1,100 per month. Utilities are separate, but currently included in all rents. Major improvements include a newer roof, high-efficiency windows throughout, updated flooring and paint in all units, and two furnaces replaced approximately two years ago. Unit 1 features newer appliances. Additional highlights include off-street parking and inviting porches on Units 1 and 2. A fantastic opportunity to expand your investment portfolio or live in one unit while generating rental income from the others!

Monthly Payment Calculator



[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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 last updated: 2026-08-18T23:50:24.207.
www.sellsmi.com/homes/179421095
Print Image

507 S Wenona Bay City, MI 48706

  • Price: $150,000
  • Status: Pending
  • On Site: 19 Days
  • Updated: 142 min ago
  • MLS #: 50216636
5
Beds
3
Baths
0
½ Baths
0.13
Acres
2,016
SQFT
$74
$/SQFT
1890
Built
Neighborhood:
Lake City
County:
Bay
Area:
Bay City (09016)
School District:
Bay City School District
Property Description
Excellent Investment Opportunity! Well-maintained city certified 3-unit multifamily property. Unit 1 - one bedroom unit 2 - one bedroom with office/bonus room, and unit 3 is a larger two bedroom with just under 1,000 sq ft. of space. Great income potential! Unit 1 is currently vacant, offering an ideal opportunity for an owner-occupant or investor to lease at market rates. Current rents are $900, $950, and $1,100 per month. Utilities are separate, but currently included in all rents. Major improvements include a newer roof, high-efficiency windows throughout, updated flooring and paint in all units, and two furnaces replaced approximately two years ago. Unit 1 features newer appliances. Additional highlights include off-street parking and inviting porches on Units 1 and 2. A fantastic opportunity to expand your investment portfolio or live in one unit while generating rental income from the others!
Exterior Features

Foundation Type Basement Frontage 50 Lot Size 50x110 Structure Style 1 1/2 Story Waterfront YN No

Interior Features

Basement YN Yes Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Additional Documents YN No Assessments YN No Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Municipality Bay City Municipality Type City Ownership Private Principal Res Exempt YN No Property Type Multi-Family Separate Electric YN Yes Separate Gas YN Yes Separate Heat YN Yes Separate Water YN No Sewer Septic Public Sanitary Sq Ft Source Public Records Subject To Short Sale Approval No Summer Tax Amount 1168 Summer Tax Year 2025 Taxable Value 21239 Total Tax Amount 1684 Total Tax Year 2025 Unit1 Occupied YN No Unit1 Rent Rate 900 Unit2 Occupied YN Yes Unit2 Rent Rate 950 Unit3 Occupied YN Yes Unit3 Rent Rate 1000 Water Public Water Winter Tax Amount 516 Winter Tax Year 2025

Listing courtesy of Ayre/Rhinehart Bay REALTORS : 989-892-4800.

Source MLS: MiRealSource
Originating MLS: Bay County AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. 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.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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 last updated: 2026-08-18T23:50:24.207.
 
https://bt-photos.global.ssl.fastly.net/realsource/1280_boomver_1_50216636-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/1280_boomver_1_50216636-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/1280_boomver_1_50216636-2.jpg
Logo
The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507