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248 Adams
Bay City MI 48708 US

$119,000

Active Listing ID 50196127
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.10 Acres
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Apartment

$119,000

Active Listing ID 50196127
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248 Adams 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

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Wheelchair Access, Porch, Sidewalks
  • Heating Fuels: Forced Air
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 119000
  • unparsedaddress: 248 Adams
  • postalcity: Bay City
  • stateorprovince: MI
  • country: US
  • postalcode: 48708
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 1922
  • livingareaunits: Square Feet
  • listagentfullname: Tom Webb
  • listagentemail: tom@tomwebb.com
  • listagentkey: 3yd-MIREAL-290826
  • listagentmlsid: 290826
  • listagentpreferredphone: 9894920650
  • listagentofficephone: 9898372100
  • listofficekey: 3yd-MIREAL-26006
  • listagentstatelicense: 6502374762
  • listofficemlsid: 26006
  • disclaimer: Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MIREAL
  • yearbuilt: 1900
  • listingcontractdate: 2025-12-15
  • listagenturl: http://www.SignatureHomeSearch.com
  • countyorparish: Bay
  • parcelnumber: 160-028-137-003-00
  • elementaryschooldistrict: Bay City School District
  • middleorjuniorschooldistrict: Bay City School District
  • highschooldistrict: Bay City School District
  • appliances: Range, Refrigerator
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Vinyl Siding
  • heating: Forced Air
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: On Street, Unassigned
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • exteriorfeatures: Wheelchair Access, Porch, Sidewalks
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Living Room
  • patioandporchfeatures: Porch
  • accessibilityfeatures: Accessible Approach with Ramp
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Signature Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tom@tomwebb.com", "ListBrokerageCity":"Saginaw", "ListBrokerageCountry":"US", "ListBrokerageEmail":"julie@c21signaturerealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Signature Realty", "ListBrokeragePhone":"(989) 921-7000", "ListBrokeragePostalCode":"48603", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5580 State Street", "ListBrokerageWebsiteUrl":"http://www.century21signaturerealty.com", "ListOfficeAddress1":"409 Ashman Suite #3", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"290587", "ListOfficeCity":"Midland", "ListOfficeCountry":"US", "ListOfficeEmail":"info@c21signaturerealty.com", "ListOfficePostalCode":"48640", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment, 2 Story - Bay City, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/248-Adams-St_Bay-City_MI_48708_M41067-55239?f=listhub&s=MIREAL&m=50196127&c=rexren", "MLSModificationTimestamp":"2025-12-15T19:24:17Z", "Neighborhoods":[{"Description":null, "Name":"Bay City (09016)"}], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2822.7, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/15/2025 9:02:15 PM GMT
Source Updated Date: 12/18/2025 12:52:42 PM GMT

Courtesy of: Tom Webb, Century 21 Signature Realty Midland, tom@tomwebb.com

Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.