300 S Farragut Street Bay City, MI 48708
Listing Courtesy of: MIREALSOURCE / Century 21 Signature Realty / Tom Webb

  300 S Farragut Street Bay City, MI 48708

Active (1 Days)
$135,000 (USD)
5
BED
3
BATH
2,831
SQFT

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

MLS #:
50196142
Taxes
$2,834(2025)
Lot Size
0.8 acres
Type
Multifamily
Year Built
1880
School District
Bay City School District
County
Bay County
Community
Jennisons

Listed By

Tom Webb, Century 21 Signature Realty
Source
MIREALSOURCE
Last checked Dec 16 2025 at 5:11 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Refrigerator
  • Range/Oven
  • Living Room
  • Laundry: Lower Level Laundry
  • First Floor Bedroom
  • Laundry: Second Floor Laundry
Subdivision
  • Jennisons
Lot Information
  • Sidewalks
  • Platted
  • Subdivision
  • Corner Lot
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
  • Ceiling Fan(s)
Basement Information
  • Block
  • Exterior Entry
Utility Information
  • Sewer: Public Sanitary
Parking
  • 2 Spaces
  • On Street
  • Total: 2
  • Unassigned
Stories
  • 2
Living Area
  • 2,831 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Signature Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38