Rochester, MI 48307,501 W 3RD Street

$668,000

Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

4,217 SqFt


SOLD DATE : 08/06/2024

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,217 sqft

Price per Sqft $151

Subdivision Suprvr'S Plat No 4 - Vlg Of Roch

MLS Listing ID 20240051308

Sold Date 08/06/24

Style Quadruplex

Bedrooms 4

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 Sub-Type Quadruplex

Source Realcomp II Ltd

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

Zoning Multi-Family

Direction South of University/west of Main Street

Rooms

Basement Unfinished, Common

Interior

Interior Features Circuit Breakers, Laundry Facility

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Private Entry

Garage Spaces 5.0

Roof Type Asphalt

Porch Porch - Covered, Porch

Road Frontage Paved, Pub. Sidewalk

Garage yes

Private Pool No

Building

Foundation Crawl, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Aluminum

Schools

School District Rochester

Others

Pets Allowed Yes

Tax ID 1515208010

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2013

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Jeffery Alasina of Coldwell Banker Realty-Birmingham
Bought with @properties Christie's Int'l R E Rochester

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