612 E 3rd Street, Flint, MI 48503 2050
- $184,999
- 3
- BA
- 2,813
- SqFt
- List Price
- $184,999
- Status
- ACTIVE
- MLS#
- 61018657
- Days on Market
- 38
- Style
- Victorian
- Year Built
- 1898
- Price Change
- ▼ $5,000 1788928019
- Bathrooms
- 3
- Acres
- 0.13
- Living Area
- 2,813
- Municipality
- Flint
- Region
- Flint
- Township
- Flint
- Subdivision
- Village Of Flint River
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.
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Additional Information
- Lot Dimensions
- 48 x 97
- Heating
- Baseboard
- Basement
- Yes
- Basement Description
- Block
- Appliances
- Gas Water Heater
- Foundation
- Basement
- Water
- Public
- School District
- Flint City School District
Mortgage Calculator
Listing Courtesy of Full Circle Real Estate Group LLC, Office Phone: 517-282-7166
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.