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$135,000 pending

300 s farragut, bay city, MI 48708

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Property 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
General Information
Sale Price: $135,000
Price/SqFt: $48
Status: Pending
MLS#: 50196142
City: bay city
Post Office: bay city
Schools: bay city school district
County: Bay
Subdivision: jennisons
Acres: 0.8
Lot Dim: 50x70
Bedrooms:5
Bathrooms:3   (3 full, 0 half)
Size: 2,831 sq.ft.
Acreage: 0.8 est.
Year Built: 1880
Style: 2 Story
Features & Room Sizes
Exterior:  Deck,Sidewalks
Basement:  Yes
Cooling:  Ceiling Fan(s)
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $2,172
Est. Winter Taxes:  $662


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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: Thomas Webb of Century 21 Signature Realty Midland

This listing last updated: Tue, March 10, 2026 at 10:58:30 AM EDT

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 1:15pm
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Listings presented by:
Thomas Webb
Century 21 Signature Realty Midland
Call: (989) 492-0650

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