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502 Wilson, 
Bay City, MI 48708

$177,000


4

Beds


4

Baths


-

Sq Ft


Multi-Family

Active

Listed by

The Real Estate Specialists

Berkshire Hathaway Homeservices, Bay City

989-892-8888

Last updated:

July 29, 2026, 10:48 AM

MLS#

50216149

Source:

MI REALSOURCE

About This Home

502 Wilson

Investment Opportunity on Bay City's East Side! Expand your portfolio with this exceptionally well maintained, fully occupied four unit rental property on Bay City's East Side. Opportunities like this don't come around often, especially one that's been cared for with this level of pride and attention to detail. Whether you're a seasoned investor or looking to purchase your first income producing property, this turnkey investment is ready to generate cash flow from day one. The current owner has made significant improvements throughout the property, including a completely refinished foundation and a new roof in 2022. In 2025, the exterior was professionally scraped and painted, with damaged boards replaced as needed. Additional updates include a rebuilt front porch with repaired pillars and steps completed in 2024, plus extensive landscaping enhancements and a durable stone-crete driveway. Apartment #2 has also been beautifully remodeled with a new kitchen, updated bathroom, new windows, flooring, and more. Inside, a grand common staircase welcomes tenants and adds to the property's historic charm. The building offers a strong unit mix: Unit 1: Studio apartment with private kitchen and bathroom. Unit 2: Fully remodeled one-bedroom featuring a spacious living room, updated kitchen, and full four-piece bathroom. Unit 3: One-bedroom apartment with living area, kitchen, and private bath. Unit 4: Studio apartment with kitchen and bathroom. All kitchen appliances are included with the sale, along with the coin-operated washer and dryer located in the basement, providing additional income potential. Best of all, all four units are currently occupied, with the tenants in Units 1, 3, and 4 being long-term residents who have expressed their desire to remain after the sale offering immediate, stable rental income for the next owner. If you're looking for a quality investment with strong rental history, extensive recent improvements, and reliable cash flow, this East Side four-unit is one you won't want to miss. Schedule your private showing today!

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1900

Subdivision & Development:

Daglish Div of Portsmouth

Price Summary

177,000

MLS #:

50216149

Last Updated:

July 29, 2026, 10:48 AM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$177,000

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.