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(989) 385-1311
Bay Realty Michigan
248 Adams Street, Bay City, MI 48708
- $110,000
- 6
- BD
- 2
- BA
- 1,922
- SqFt
- Sold Price
- $110,000
- List Price
- $119,000
- Status
- CLOSED
- MLS#
- 50196126
- Days on Market
- 6
- Year Built
- 1900
- Closing Date
- Jan 07, 2026
- Bedrooms
- 6
- Bathrooms
- 2
- Acres
- 0.10
- Living Area
- 1,922
- Municipality
- Bay City
- Region
- Bay City
- Township
- Bay City
- Subdivision
- Lot 14 Blk 115 Lower Saginaw
Property Description
Land Contract Opportunity – Income-Generating 2-Unit Apartment Building! This 2-unit apartment building is available for land contract, offering a more borrower-friendly approval process than traditional banks. The property features two 3-bedroom, 1-bath units, both currently rented, providing immediate rental income. Ideal for investors or buyers seeking steady cash flow, this property also offers potential for updates and increased returns. Land contract terms: 20% down, 10% interest, 30 year term. Tenant rent: $850/775 - 1 unit lease month to month, 2nd unit lease up March 31 2026
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Additional Information
- Lot Dimensions
- 44 x 100
- Interior Features
- Living Room
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s)
- Basement
- Yes
- Basement Description
- Block, Exterior Entry
- Appliances
- Range/Oven, Refrigerator
- Exterior Features
- Sidewalks
- Sewer
- Public Sanitary
- Foundation
- Basement
- Water
- Public
- School District
- Bay City School District
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Listing Courtesy of Century 21 Signature Realty, Office Phone: 989-921-7000
Selling Office: The Brand Real Estate.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. 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.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 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. Copyright 2014 MiRealSource. All rights reserved. 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.