Sold
300 S Farragut Street, Bay City, MI 48708
Sold on 04/30/2026 for$120,000
MLS # 50196142 (MiRealSource)
Built 18800.8 acres
1 / 15
Listing 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
Source: SparkMLS
About this home
Located in Bay City in Bay City, this property offers 3-bath, with original construction dating to 1880.
Final sale price: $120,000.
Electric service is provided by Bay City Electric Light & Power; natural gas by Consumers Energy Company. Broadband is available with download speeds up to 1,000 Mbps from 8 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.8 acres
Year Built1880
Location
CityBay City
MunicipalityBay City
Zip Code48708
CountyBay
Construction & Systems
ConstructionBlock
HeatingForced Air
Sale & Financing
Listed12/14/2025
Sold Date4/29/2026
Terms AcceptedLand Contract
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Thomas Webb
Century 21 Signature Realty Midland
Frequently Asked Questions about 300 S Farragut Street, Bay City, MI 48708
Can I use FHA or VA financing for this property?
Per MLS# 50196142, this listing accepts Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 300 S Farragut Street, Bay City, MI 48708 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 300 S Farragut Street, Bay City, MI 48708 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 300 S Farragut Street, Bay City, MI 48708. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 300 S Farragut Street, Bay City, MI 48708?
Per Michigan Public Service Commission service territory data: Electric: Bay City Electric Light & Power. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Bay City police department or the Bay County sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$876
Principal & interest$876
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Bay City Electric Light & Power
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
300 S Farragut Street, Bay City, MI 48708
View full property history →
Municipality
Bay City
View all listings →
Get email alerts for new listings near 300 S Farragut Street
We'll notify you when something hits the market in Bay City or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.