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3-Unit Triplex with Updated Exterior

302 N Farragut Street, Bay City, MI 48708

For Sale
$110,000
Pending

Three distinct residences include a three-bedroom unit, a two-bedroom unit, and a studio; each has a refrigerator and stove.

Property Size2,212 SF
Days on Market22

Property Features for 302 N Farragut Street

General Information

Standard status Pending
Size 2,212 SF
Property subtype Multi-Family
Zoning Multi-Family

Units

Unit Mix 1 x 3BR, 1 x 2BR, 1 x studio
Multifamily Units 3

Amenities

Block
Natural Gas
No
3
Paved Street
Other
100
Public Sanitary
0.23
100.00 x 100.00
Basement
Fenced Yard

Building Details

Year Built 1900
Listing Agency:
Listed By: Shelley Park Cluff
Source: Parkplacehomesonline
Added: Oct 19 Changed: Nov 9 Last Checked: Nov 8 at 9:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shelley Park Cluff

Rey
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Investment Insights

Based on property information with market context.

This 2,212-square-foot triplex, built in 1900, contains three residences: an upper-level three-bedroom unit, a lower-level two-bedroom unit, and a studio. Each is equipped with a refrigerator and stove. Recent exterior work includes a new roof and fascia, along with fresh paint. The property has city certification and inspection, plus a basement and fenced yard.

Parking is available in the driveway and on a paved pad along the south side of the house. The property is across the street from a school and within walking distance of downtown. The lot measures 0.23 acres.

Key Highlights

  • Three units: upper‑level 3‑bedroom, lower‑level 2‑bedroom, and studio
  • 2,212 square feet; built in 1900
  • Refrigerator and stove in each unit

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,288
Businesses Nearby

Demographics for 48708, MI

25,860
Population
12,625
Households
2
Avg Household Size
41
Median Age
17%
College-Educated
89%
High-School Grad
29.1 sq mi
ZIP Area
889
Density / Sq Mi
$50,216
Median Household Income
$31,978
Median Earnings
$703
Median Rent
$98,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three distinct residences include a three-bedroom unit, a two-bedroom unit, and a studio; each has a refrigerator and stove.
Where is this triplex located?
The property is located at 302 N Farragut Street Bay City, MI.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Three units: upper‑level 3‑bedroom, lower‑level 2‑bedroom, and studio; 2,212 square feet; built in 1900; Refrigerator and stove in each unit
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