$135,000 USD
Multi Family Home for Sale, 300 S Farragut, Bay City, Michigan 48708
- MLS#50196140
- 5
- 3
Listed By CENTURY 21 Signature Realty
The Multi Family Home for Sale located at 300 S Farragut, Bay City, Michigan 48708 is currently for sale. 300 S Farragut, Bay City, Michigan 48708 is listed for $135,000. This property has 5 bedrooms, 3 bathrooms.
Property features
Lot/Land
- Land/Lot size:
3,237 m² (0.8 ac) - Lot description: Corner Lot
Construction
- Exterior: Vinyl Siding
Bedrooms
- Bedrooms: 5
Bathrooms
- Total bathrooms: 3
- Full bathrooms: 3
Utilities
- Other utilities: Public Sewer
Description
Land Contract Opportunity ‹“ 3-Unit Apartment Building! This 3-unit apartment building is available for land contract, offering a more borrower-friendly approval process than traditional banks. It includes a 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units, ideal for investors or buyers looking for rental income. The 3-bedroom unit and one 1-bedroom unit are currently occupied by tenants, providing immediate cash flow. This property is a solid investment with potential for updates and increased income. Land contract terms: 20% down, 10% interest, 30 year term. Tenant rent: $775/$600/$625 All month to month contract
Location
300 S Farragut, Bay City, Michigan 48708