1875 N River Rd., Saint Clair 48079

$165,000

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MLS#: 31300156
• For Sale
Portrait of Sandra Weber
Listed by Sandra Weber

(586) 598-1400

Advantage Realty

Customer Care
Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Portrait of Coren Merida
Coren Merida

(586) 598-1400

Looking for a money maker? Looking for a large return on your investment? Well than look no further!! This is a 3,600 sq feet full masonry building priced well below the appraised value. Offering 3 units, w/ 2 bedrooms & 1 full bath in each. In addition, the building has a large detached garage w/ all utilities (water, sewer, gas and electric) w/ a large bonus room above! This is truly a great find! Rent it all out or live in one unit & rent the other two. Net Profit Cap Rate approximately 11%. Land Contract Terms: 20% down, 6% interest, amortized over 30 years, 5 year balloon.

Property Information    

Status
Active 
Address
1875 N River Rd. 
City
Saint Clair 
Zip
48079 
Year Built
9999 
Style
Colonial 
Waterfront Desc
Water View 
Listing Date
08/12/2016 
Subdivision
N/A 
County
St. Clair 

School Information

School District
East China 

Taxes

Summer Taxes
$3,296 
Winter Taxes
$1,152 

Rooms and Land

Number of Units

Features

Style
Colonial 
Garage
6.0 
Basement
Block 
Appliances
Disposal 
Heating
Boiler, Forced Air 

Listing Video for 1875 N River Rd., Saint Clair MI 48079

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Listing Broker

Real Estate One logo

Listing Courtesy of Real Estate One
Office Address 47800 Gratiot
Originating MLS: MI Real Source
Source MLS: MiRealSource