MI
Bay
Bay City City
48708
300 S Farragut Street
300 S Farragut Street, Bay City City, MI 48708
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Listing Type
Multi Family
Listing Status
Active
15
$135,000

Home Details for 300 S Farragut Street

Price
$135,000
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
2831
Year built
1880
Lot size acres
0.8
County
Bay
Garage
Basement
Block, Exterior Entry
Days on site
1
MLS Listing#
61050196142
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

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
    • Separate Meters
  • Parking
    • On Street
    • Unassigned
    • Assigned
  • Basement
    • Block
    • Exterior Entry
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
Listing Courtesy: Century 21 Signature Realty - 989-921-7000
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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