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.
- Suprvr'S Plat No 4 - Vlg Of Roch
- Above Grade SqFt
- Summer Taxes
- Winter Taxes
Rooms and Land
- Number of Units
- Exterior Features
- Private Entry
- Basement, Unfinished
- Central Air
- Hot Water, Gas
Listing Video for 501 W 3RD Street, Rochester MI 48307
Listing Courtesy of Andrews Realty Group
Office Address 439 S Main Street Ste 202
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