501 S Madison Avenue, Bay City, MI 48708
501 S Madison Avenue, Bay City, MI 48708
501 S Madison Avenue, Bay City, MI 48708
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$67,900
Est. payment /mo
3 Beds
2 Baths
3,615 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,615 sqft

Price per Sqft $18

Subdivision Phillip Simons Sub

MLS Listing ID 50212849

Style 2 Story

Bedrooms 3

Full Baths 1

Half Baths 1

Abv Grd Liv Area 3,615

Year Built 1920

Annual Tax Amount $1,473

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Single Family

Property Description

Originally built in 1920, this unique property began life as a neighborhood saloon before becoming a residence over the years. Offering approximately 3615 square feet, this property features a 3-bedroom layout with 1 1/2 bathrooms in its current configuration, with the potential to create additional flexible living spaces. The upstairs bathroom will make the primary bedroom a suite. The layout provides endless possibilities for a large single-family home, multi-generational living, or other uses permitted by local zoning R2. Major improvements include a newer rubber roof and some updated plumbing The home does need updating, particularly in the bathrooms and damage to ceilings from previous leaks, making it an excellent choice for investors, restoration enthusiasts, or buyers looking to build equity through renovation. Original details from the building's early days still remain, adding charm and character that simply can't be recreated in newer construction. Whether you appreciate historic architecture or enjoy bringing older homes back to life, you'll find plenty of inspiration here! This is not a move-in-ready home, but it is a rare opportunity to own a distinctive historic property with tremendous upside. A cash buyer is preferred. Bring your vision and transform this one-of-a-kind building into something extraordinary!

Location

State MI

County Bay

Area Bay City (09016)

Rooms

Basement Partial

Interior

Heating Hot Water

Exterior

Garage No

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Other

Structure Type Vinyl Siding,Wood

Schools

School District Bay City School District

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional


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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Bay Area Real Estate

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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