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612 E 3rd St

Flint MI 48503

3
2813 sq. ft.
0.13 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

3 bathrooms
2813 sq. ft. floor area
0.13 ac. lot size
Multi-Family

Property history for 612 E 3rd St

2024
Sold
$150,000
22 Feb 2024 by Roxanne Pappas, of Atlas Real Estate
2019
Sold
$80,000
13 Mar 2019

Happy sellers in Flint

94%
94% of sellers in Flint reported that their sale price either exceeded or met their price expectations.

Flint stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Flint over the last 12 months.

Local market activity for multi families in Flint

In the last 12 months, 10 multi families similar to 612 E 3rd St, have been sold.

This represents a 53% increase in multi families sales when compared to the previous 12 months.

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