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$ 315,000
Est. payment /mo
Price Dropped by $35K
500 River Street Three Rivers, MI 49093
0.48 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70505986
Year Built 1972
Annual Tax Amount $2,064
Tax Year 2026
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 90x150
Property Sub-Type Multi-Family
Property Description
NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Location
State MI
County St. Joseph
Area Three Rivers (75025)
Zoning Residential
Interior
Heating Radiant
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Slab
Structure Type Vinyl Siding
Schools
School District Three Rivers Community Schools
Others
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Michigan Top Producers