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$195,000 pending

804 s farragut, bay city, MI 48708

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Property Description
Investment Overview Stabilized 3-unit mixed-use/commercial apartment property offering strong in-place income and minimal deferred maintenance. The building has been fully and beautifully remodeled, featuring a new roof, new boiler, updated electrical systems, and an upgraded parking lot?significantly reducing near-term capital expenditures. The property is fully occupied, delivering immediate cash flow from day one. Located near key city amenities, retail, dining, and transportation, this asset benefits from consistent tenant demand and long-term rental stability. Ideal for investors seeking a turnkey property with predictable returns. Interior photos to follow on the 15th of January. Schedule your showing today.
General Information
Sale Price: $195,000
Price/SqFt: $33
Status: Pending
MLS#: 50197332
City: bay city
Post Office: bay city
County: Bay
Acres: 0.28
Lot Dim: 100x120
Size: 5,952 sq.ft.
Acreage: 0.28 est.
Year Built: 0
Property Type: Business
Tax, Fees & Legal
Est. Summer Taxes:  $4,241
Est. Winter Taxes:  $620


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Cesar Ortega of Ayre/Rhinehart Bay REALTORS

This listing last updated: Tue, March 17, 2026 at 12:13:35 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, April 1 2026 at 9:15pm
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Listings presented by:
Cesar Ortega
Ayre/Rhinehart Bay REALTORS
Call: (989) 670-0950

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