Do Real Estate on the Go!
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Do Real Estate on the Go!
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$119,000
6 Beds
2 Baths2 full baths
1,922sqft
248 Adams St, Bay City, MI 48708
$119,000
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Multi Family
Built in 1900
$-- HOA
4,356 sqft lot
$62/sq.ft
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
- Houzeo last checked: 35 Minutes ago
- Listing updated: December 15, 2025 at 7:23 pm
- Listing Provided by: Thomas Webb (989) 492-0650 DRE #6502371991 | Century 21 Signature Realty (989) 921-7000
- Source: MiRealSource MLS-MI | MLS#: 50196126
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
1,922 sqft
Lot Size
4,356 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
50196126
MLS Status
Active
Days on Market
1
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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