MI > Bay City > Lot 14 Blk 115 Lower Saginaw
Bay City, MI 48708,248 Adams ST
Bay City, MI 48708,248 Adams ST
Bay City, MI 48708,248 Adams ST
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Randy Hambright

Randy Hambright

+1(586) 615-1895
$119,000
Est. payment /mo
6 Beds
2 Baths
1,922 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,922 sqft

Price per Sqft $61

Subdivision Lot 14 Blk 115 Lower Saginaw

MLS Listing ID 61050196126

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 ForcedAir, NaturalGas, SeparateMeters

Cooling CeilingFans

Fireplace No

Exterior

Parking Features Assigned2Spaces, OnStreet, Unassigned

Community Features Sidewalks

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Baycity

School District Baycity

Others

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition CorporateRelocation, ShortSaleNo

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Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Thomas Webb of Century 21 Signature Realty

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Randy Hambright

Randy Hambright

License ID: 3​8​3​1​4​0

+1(586) 615-1895

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248 Adams ST

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