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$ 189,999
Est. payment /mo
New
612 E 3rd Street Flint, MI 48503 2050
3 Baths
2,813 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,813 sqft
Price per Sqft $67
Subdivision Mi
MLS Listing ID 61018657
Style 2 Story
Full Baths 3
Year Built 1898
Annual Tax Amount $5,046
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 48X97
Property Sub-Type Multi-Family
Property Description
MLS LISTING ONLY - PLEASE CONTACT NEW EARTH RECOVERY HOUSING LLC Investment opportunity! Well-maintained triplex in a desirable location near universities, the public library, farmers market, cultural center, museum, shopping, dining, and major expressways. This fully leased, income-producing property features two 1-bedroom units and one spacious 3-bedroom unit with 100% occupancy and established rental income. Current monthly rental income is $2,950, totaling $35,400 annually. Below-market rents offer excellent potential for future income growth. Recent capital improvements include all-new windows, updated plumbing, rebuilt decks and staircases, and numerous additional updates. Each unit features newer carpeting, updated bathrooms, generous living spaces, abundant natural light, and functional layouts. Tenants also enjoy private outdoor space, a spacious yard, and a large paved parking area with ample off-street parking. City Certificate of Compliance CR2500427. Whether expanding your portfolio or beginning your multifamily investment journey, this turnkey property offers immediate cash flow with value-add potential. Showings by appointment only. Please do not disturb tenants.
Location
State MI
County Genesee
Area Flint (25023)
Zoning Residential
Rooms
Basement Block
Interior
Heating Baseboard
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Flint City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Full Circle Real Estate Group LLC