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Property view

248 Adams, 
Bay City, MI 48708

$110,000


6

Beds


2

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Thomas Webb

Karah Ralph

Century 21 Signature Realty

Century 21 Signature Realty Midland

989-921-7000

MLS#

50196126

Source:

MI REALSOURCE

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About This Home

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

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1900

Price Summary

110,000

MLS #:

50196126

Sold:

January 7, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$110,000

Source:MI REALSOURCE
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