HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 135,000

Save

Pending

300 S Farragut ST Bay City, MI 48708

5 Beds

3 Baths

2,831 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Rent

Square Footage 2,831 sqft

Subdivision Jennisons

MLS Listing ID 61050196142

Style Apartment,Conventional

Bedrooms 5

Full Baths 3

Year Built 1880

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type MultiFamily

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 Area92102Baycity

Rooms

Basement Block, Exterior Entry

Interior

Heating Forced Air, Natural Gas, Separate Meters

Cooling Ceiling Fans

Fireplace No

Exterior

Parking Features Assigned2Spaces, OnStreet, Unassigned

Community Features Sidewalks

View Y/N No

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Bay City

Others

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition CorporateRelocation, ShortSaleNo

Listed by Thomas Webb of Century 21 Signature Realty Midland

NEARBY SCHOOLS & PROPERTIES

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

GET MORE INFORMATION

QUICK SEARCH

Homes For Sale in Detroit, MI