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$ 189,999
Est. payment /mo
New
612 E 3rd ST Flint, MI 48503
3 Baths
2,813 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,813 sqft
Price per Sqft $67
Subdivision Village Of Flint River
MLS Listing ID 20261061972
Style Victorian
Full Baths 3
Year Built 1898
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type MultiFamily
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.
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 Area08182Flint
Rooms
Basement Unfinished
Interior
Heating Baseboard, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Flint
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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Listed by Peyton Beckham of Full Circle Real Estate Group LLC