$119,000
For more information regarding the value of a property, please contact us for a free consultation.
248 Adams ST Bay City, MI 48708
6 Beds
2 Baths
1,922 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,922 sqft
Price per Sqft $57
Subdivision Lot 14 Blk 115 Lower Saginaw
MLS Listing ID 61050196126
Sold Date 01/07/26
Style Apartment,Conventional
Bedrooms 6
Full Baths 2
Year Built 1900
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
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
Location
State MI
County Bay
Area Area92102Baycity
Rooms
Basement Block, ExteriorEntry
Interior
Heating Forced Air, Natural Gas, Separate Meters
Cooling Ceiling Fans
Fireplace No
Exterior
Parking Features Assigned2Spaces, OnStreet, Unassigned
Community Features Sidewalks
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Bay City
School District Bay City
Others
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition CorporateRelocation, ShortSaleNo
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2026 Realcomp II Ltd. Shareholders
Bought with The Brand Real Estate