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248 Adams, Bay City, MI 48708

Local realty services provided by:CENTURY 21 Northland
248 Adams,Bay City, MI 48708
$119,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing agent0
    Tom Webb(734) 260 - 5811
    CENTURY 21 Signature Realty
MLS#:50196126
Source:MI_REALSOURCE

Price summary

  • Price:$119,000

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:1 day(s) ago
  • Updated:December 15, 2025 at 08:27 PM

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
  • Lot area:0.1 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$119,000
  • Tax amount:$2,823

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