501 W 3RD St, Rochester, MI 48307 | MLS 21222066 | Listing Information | Real Living John Burt Realty | Real Living Real Estate
Real Living John Burt Realty
248-628-7700

501 W 3RD St,  Rochester MI, 48307

4 Full baths
3,674 sqft
Status: Pending
MLS#: 21222066
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Real Living John Burt Realty
248-628-7700

Listing Provided Courtesy Of: Andrews Realty Group
Last Updated: 12/4/2016 10:09 PM
Description for 501 W 3RD St Rochester, MI 48307
Great investment opportunity, 3 blocks from downtown Rochester. 4 unit complex with 3 Garages and a separate laundry room. Street has many luxury homes, which points to the upside in value. Many updates to this building in the last 4 years, will be turnkey for the next investor. All 4 units are rented currently, slightly under market rate. Current NOI is $38,990 NOI. 1/3 Acre Lot, oversized for the area. Great possibility to convert to a large single family home due to larger than average lot, downtown amenities, Rochester schools, and upscale homes in the neighborhood. BATVAI.
Price
$449,000
Suprvr's Plat No 4 - Vlg Of Roch
Oakland
4 Full
3,674 (approx)
21222066
Pending
Description
Great investment opportunity, 3 blocks from downtown Rochester. 4 unit complex with 3 Garages and a separate laundry room. Street has many luxury homes, which points to the upside in value. Many updates to this building in the last 4 years, will be turnkey for the next investor. All 4 units are rented currently, slightly under market rate. Current NOI is $38,990 NOI. 1/3 Acre Lot, oversized for the area. Great possibility to convert to a large single family home due to larger than average lot, downtown amenities, Rochester schools, and upscale homes in the neighborhood. BATVAI.
Listing Information
Property Type: Multi-Family, 2 Story
4 Full 0.32 Acres
3,674 (approx) $122.21 1945
Yes 2 Aluminum Siding
Suprvr's Plat No 4 - Vlg Of Roch
Public Water Service, Gas Water Heater
Public Sewer
Natural Gas
4 Total
Neighborhood
School Information
District: Rochester Community School District
Room Information
Bathrooms
4
Interior Features
Central Air
Hot Water, Radiant
Exterior / Lot Features
Garage
Aluminum
Porch
80X172.23
Residential
Private Entry, Paved Road
Driving Directions
W University Drive to W 3rd St to 501
Financial Considerations
1515208010
$4,892
Listing Price History

Rochester Real Estate

Rochester is located in Michigan. Rochester, Michigan 48307 has a population of 12,647.

The median household income in Rochester, Michigan 48307 is $80,747. The median household income for the surrounding county is $65,637 compared to the national median of $53,046. The median age of people living in Rochester 48307 is 39.1 years.

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Courtesy: Andrews Realty Group Bradley Saarela
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 MiRealSource
Information is deemed reliable but is not guaranteed.

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392374 - Real Living John Burt Realty
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