Address
612 E 3rd Street, Flint, MI
Price
$ 184,999
Property Attributes
- ID#61018657
- TypeMulti-Family
- Listing Status Active
- CountyGENESEE
- CityFlint
- AreaFlint
- NeighborhoodFlint
- Zip48503
- StyleVictorian
- Year Built1898
- Taxes$ 5046
- Price$ 184,999
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2813
- Lot Size0.13 Acres
Data Source:
MiRealSource (MIRS)
Property Description
MLS LISTING ONLY - PLEASE CONTACT NEW EARTH RECOVERY HOUSING LLC Investment opportunity! Well-maintained triplex in a desirable location near universities, the public library, farmers market, cultural center, museum, shopping, dining, and major expressways. This fully leased, income-producing property features two 1-bedroom units and one spacious 3-bedroom unit with 100% occupancy and established rental income. Current monthly rental income is $2,950, totaling $35,400 annually. Below-market rents offer excellent potential for future income growth. Recent capital improvements include all-new windows, updated plumbing, rebuilt decks and staircases, and numerous additional updates. Each unit features newer carpeting, updated bathrooms, generous living spaces, abundant natural light, and functional layouts. Tenants also enjoy private outdoor space, a spacious yard, and a large paved parking area with ample off-street parking. City Certificate of Compliance CR2500427. Whether expanding your portfolio or beginning your multifamily investment journey, this turnkey property offers immediate cash flow with value-add potential. Showings by appointment only. Please do not disturb tenants.
| Price History | |
|---|---|
| 8/6/2026 | Listed $189,999 |
| 9/9/2026 | 3$184,999 |
General Features
| Heating | Baseboard |
|---|---|
| Possession | At Close |
| Water | Public Water |
| Status | Active |
| Full Baths | 3 |
| Bathrooms | 3 |
| Year Built | 1898 |
| Subdivision | Village Of Flint River |
| Water Heater | Gas |
| Style | Victorian |
| County | Genesee |
| Class | MULTIFAMILY |
| Type | Multi-Family |
| Net Income | 19910 |
| Ownership | Private |
| Associated Document Count | 2 |
| Status | Active |
| Zoning | Residential |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Structure Style | 2 Story |
| Subj to Short Sale Apprvl | No |
| Area | Flint (25023) |
| Primary City | Flint |
| Directions | I 475 to Court Street,west on Court Street,right on Chavez Drive,right on East 3rd Street to the property. |
| City | Flint |
| School District | Flint City School District |
| Lease Y/N | Yes |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional |
| Legal Description | PLAT OF OUTLOTS LYING ON THE EAST AND ADJOINING THE VILLAGE OF FLINT RIVER |
| DOM | 42 |
| Postal Code | 48503 |
| Price Per Sq Ft Total AG | 65.77 |
| Public Remarks | MLS LISTING ONLY - PLEASE CONTACT NEW EARTH RECOVERY HOUSING LLC Investment opportunity! Well-maintained triplex in a desirable location near universities,the public library,farmers market |
Interior Features
| Basement | Block |
|---|---|
| Fireplace? | No |
| Total Number of Units | 3 |
| Basement Y/N | No |
| Unit 1 Rent Rate | 1300 |
| Unit 2 Rent Rate | 850 |
| Unit 3 Rent Rate | 800 |
| Fuel Type | Natural Gas |
Exterior Features
| Exterior | Brick |
|---|---|
| Frontage | 48 |
| Lot Size Area | 0.13 |
| Lot Dimensions | 48X97 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48503
Price
Taxes
Year Built
Visits
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