Serving the Frankenmuth Area and all of Michigan

$130,000 for Sale

1122 n johnson, bay city, MI 48708

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Property Description
Seller just paid over $21,000 to upgrade the furnaces in the property. Three new furnaces and a new hot water heater. Great business opportunity. 2 store fronts and 3 rental units. #1 The Second Hand Shop is a spacious unit with an area off the back for storage with a small kitchen and a full bath. #2 1120 Johnson was formerly a beauty salon with 2 stations and a half bath. It does need repair to the roof. #3 1122 1/2 Johnson is a spacious 3 bedroom upper unit. It's vacant and ready to rent. #4 1800 2nd is a main floor, 1 bedroom rental unit that is vacant. #5 1800 1/2 Johnson is a main floor, 1 bedroom rental unit that is currently rented out. The rental units and the shop come with a range and refrigerator. Tons of potential for income. See disclosure docs for utility and furnace information.
General Information
Sale Price: $130,000
Price/SqFt: $32
Status: Active
MLS#: 50150031
City: bay city
Post Office: bay city
County: Bay
Acres: 0.16
Lot Dimensions: 50x143
Size: 4,113 sq.ft.
Acreage: 0.16 est.
Year Built: 1900
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $1,915
Est. Winter Taxes:  $269


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(989) 529-9671 Call Scott R. Rausch for more information about this property.

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Scott R. Rausch
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