Rochester, MI 48307 2065,501 W 3RD Street
Rochester, MI 48307 2065,501 W 3RD Street
Rochester, MI 48307 2065,501 W 3RD Street
Rochester, MI 48307 2065,501 W 3RD Street
Rochester, MI 48307 2065,501 W 3RD Street
Rochester, MI 48307 2065,501 W 3RD Street
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$640,000

$668,000

4.2%
Est.Price: ?

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Est. payment /mo

4 Baths

4,217 SqFt


SOLD DATE : 08/06/2024

Key Details

Sold Price $640,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,217 sqft

Price per Sqft $151

Subdivision Mi

MLS Listing ID 60323921

Sold Date 08/06/24

Style 2 Story

Full Baths 4

Year Built 1945

Annual Tax Amount $12,167

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 60.00 x 172.00

Property 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.

Location

State MI

County Oakland

Area Rochester (63152)

Zoning Multi-Family

Rooms

Basement Block, Common

Interior

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Aluminum

Amenities Available Laundry Facility, Private Entry

Waterfront No

Building

Story 2 Story

Foundation Basement, Crawl

Water Public Water

Structure Type Aluminum

Schools

School District Rochester Community School District

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Coldwell Banker Realty
Bought with LPS
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