501 W 3RD STREET
Rochester, MI 48307
4217 sqft | 4 baths | #20240051308
Description
Charming, hard to find four family investment property in Rochester. Enjoy a short walk to town where you will find a delightful
blend of historic charm and modern vibrancy. Here, you’ll find more than 350 shops to explore. Very unique, well maintained
4-unit complex with additional 3 car garage and separate laundry/out building that has development potential.
All units have private entrances, are one bedroom/one bath and are spacious at 900 sq. ft.. Each unit offers a different floor plan
and unique characteristics.
The complex has many updates to include: newer HVAC systems, updated Pella windows, refinished hardwood floors,
appliances, cabinets and full cement driveway.
All units are currently occupied have an excellent rental history. Current rates are under market value and the new owner has
an opportunity to increase ROI.
Please do not approach the tenants. Finacial documents available in documents.
Interior Details
- CoolingCentral Air
- HeatingForced Air
Beds & Baths
- Total Baths4.00
- Bathrooms4
- Full Baths4
Property Details
- Exterior FeaturesPrivate Entry
Measurements
- Square Feet4217
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1945
Community and Neighborhood Details
- ZoningMulti-Family
- School DistrictRochester
- RegionRochester
- CountyOakland
Financial Details
- Original List Price$668,000
Other
- MLS #20240051308
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Jeffery Alasina (#356579)
Listing Office: Coldwell Banker Realty-Birmingham (#359763)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
