$135,000 for Sale
300 s farragut, bay city, MI 48708
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
General Information
Sale Price: $135,000
Price/SqFt: $48
Status: Active
MLS#: 50196142
City: bay city
Post Office: bay city
Schools: bay city school district
County: Bay
Subdivision: jennisons
Acres: 0.8
Lot Dim: 50x70
Bedrooms:5
Bathrooms:3 (3 full, 3 half)
Size: 2,831 sq.ft.
Acreage: 0.8 est.
Year Built: 1880
Style: 2 Story
Features & Room Sizes
Exterior: Deck,Sidewalks
Basement: Yes
Cooling: Ceiling Fan(s)
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $2,172
Est. Winter Taxes: $2,025
Listing Courtesy of: Thomas Webb of Century 21 Signature Realty
Information provided by Saginaw Board of REALTORS
®
Listing information provided courtesy of the Saginaw Board of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
This listing last updated: Fri, December 19, 2025 at 11:49:25 AM EST
SBR Listing Data Last Updated on Thu, December 25 2025 at 4:38am
