MI > Bay City > Mi
Bay City, MI 48708,300 S Farragut Street
Bay City, MI 48708,300 S Farragut Street
Bay City, MI 48708,300 S Farragut Street
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Catherine McMurray

Catherine McMurray

+1(586) 291-1492
$135,000
Est. payment /mo
5 Beds
3 Baths
2,831 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,831 sqft

Price per Sqft $47

Subdivision Mi

MLS Listing ID 50196142

Style 2 Story

Bedrooms 5

Full Baths 3

Year Built 1880

Annual Tax Amount $2,834

Tax Year 2025

Lot Size 0.800 Acres

Acres 0.8

Lot Dimensions 50x70

Property Sub-Type Multi-Family

Property 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

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

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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

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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