$668,000
Pending

501 W 3RD STREET

Rochester, MI 48307
4217 sqft | 4 baths | #20240051308
Browse 36 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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

Alexis ThompsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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