MI
Bay
Bay City City
48708
248 Adams Street
248 Adams Street, Bay City City, MI 48708
Share Listing
Listing Type
Multi Family
Listing Status
Active
14
$119,000

Home Details for 248 Adams Street

Price
$119,000
Type
Residential Income
Bedrooms
6
Bathrooms
2.0
Square feet
1922
Year built
1900
Lot size acres
0.1
County
Bay
Garage
Basement
Block, Exterior Entry
Days on site
1
MLS Listing#
61050196126
Property Description

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

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
Michigan Regional Information Center logo IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2025 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
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
Request more details
Code: