501 W 3rd St, Rochester, MI 48307
- $640,000
- 4
- BA
- 4,217
- SqFt
- Sold Price
- $640,000
- List Price
- $668,000
- Closing Date
- Aug 06, 2024
- MLS#
- 20240051308
- Status
- CLOSED
- Bathrooms
- 4
- Subdivision
- SUPRVR'S PLAT NO 4 - VLG OF ROCH
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.
Additional Information
- Year Built
- 1945
- Basement Type
- Common, Unfinished
- Acres
- 0.32
- Style
- Quadruplex
- Acres
- 0.32
- School District
- Rochester
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- Exterior Features
- Private Entrance
- Garage Description
- Assigned, Garage, Lighted, On Street, Paved, Shared Driveway
Mortgage Calculator
Courtesy of Coldwell Banker Realty-Birmingham 2486446300
Selling Office: @properties Christie's Int'l R E Rochester.
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