248 Adams, Bay City, MI 48708
Local realty services provided by:CENTURY 21 Realty North
248 Adams,Bay City, MI 48708
$110,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by:
- Tom Webb(734) 260 - 5811CENTURY 21 Signature Realty
MLS#:50196126
Source:MI_REALSOURCE
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Price summary
- Price:$110,000
About this home
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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Home facts
- Year built:1900
- Listing ID #:50196126
- Added:46 day(s) ago
- Updated:January 31, 2026 at 08:04 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Forced Air
Structure and exterior
- Year built:1900
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$110,000
- Tax amount:$2,823
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