248 Adams St | Image 1

Sold

$119,000

2 months ago

6 Bed

2 Bath

1922 sqft

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MLS® 61050196126

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1922 sqft
Garage No
Taxes $2,823
Lot Size 0.1 acres
Approx. Age 1900
Avg. Price Per Sqft $61
MLS® Number 61050196126

Property Address: 248 Adams St, Bay City, MI, 48708-5844

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number61050196126
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age1900
BasementBlock, Exterior Entry
DrivewayAssigned 2 Spaces, On Street, Unassigned
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

Dec 21, 2025End Date
$110,000Sold Price

Sold

Dec 15, 2025List Date
$119,000List Price
  • Commute

Commute

Starting Address
Destination Address
248 Adams St, Bay City, MI

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