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(989) 283-4653
Gold Pine Real Estate
300 S Farragut St, Bay City, MI 48708
- $120,000
- 5
- BD
- 3
- BA
- 2,831
- SqFt
- Sold Price
- $120,000
- List Price
- $135,000
- Status
- CLOSED
- Closing Date
- Apr 30, 2026
- MLS#
- 50196140
- Subtype
- Residential Income
- Year Built
- 1880
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,831
- Lot Size
- 34,848
- Acres
- 0.80
- Subdivision
- Jennisons
- MLS Area Major
- Bay City (09016)
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
Additional Information
- Interior Features
- First Floor Bedroom, Living Room
- Exterior Features
- Sidewalk
- Taxes
- $2,834
- Appliances
- Range, Refrigerator
- Heating
- Forced Air
- Air Conditioning
- Ceiling Fan(s)
- Stories
- 2
- Levels
- Two
- Foundation
- Basement
- Parking Features
- Unassigned, On Street
- School District
- Bay City School District
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Listing Courtesy of Century 21 Signature Realty Midland, Office Phone: 989-837-2100
Selling Office: RE/MAX Results.