MI > Bay City > Mi
Bay City, MI 48708,248 Adams Street
Bay City, MI 48708,248 Adams Street
Bay City, MI 48708,248 Adams Street
Bay City, MI 48708,248 Adams Street
Bay City, MI 48708,248 Adams Street
Bay City, MI 48708,248 Adams Street
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 119,000
Est. payment | /mo

6 Beds

2 Baths

1,922 SqFt

Save
$ 119,000
Est. payment | /mo
Save

6 Beds

2 Baths

1,922 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,922 sqft

Price per Sqft $61

Subdivision Mi

MLS Listing ID 50196126

Style 2 Story

Bedrooms 6

Full Baths 2

Year Built 1900

Annual Tax Amount $2,822

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 44x100

Property Sub-Type Multi-Family

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 Bay City (09016)

Zoning Multi-Family,Residential

Rooms

Basement Block, Outside Entrance

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Vinyl Siding

Building

Lot Description Platted, Sidewalks

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Bay City School District

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Land Contract

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Signature Realty
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

Learn More About LPT Realty

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248 Adams Street