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$ 350,300
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Active
500 River ST Three Rivers, MI 49093
0.48 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 68025059338
Year Built 1972
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type MultiFamily
Property Description
Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Location
State MI
County St. Joseph
Area Area75062Threerivers
Interior
Heating OtherHeatingFuel, Radiant
Fireplace No
Exterior
Parking Features Concrete
Utilities Available CableConnected, ElectricityConnected, PhoneConnected, SewerConnected
Waterfront Description PrivateWaterFrontage, RiverFront, WaterAccessRights
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer PublicSewer, SewerAtStreet
Water Public
New Construction No
Schools
High Schools Threerivers
School District Threerivers
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Kascee Wyatt of Michigan Top Producers
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