1875 N River Rd.

St. Clair, Michigan 48079

Multi Family

6 beds 3 baths


Price

Quick Look

MLS #: 31300156 Architectural style: Colonial Home size: 3,600 ft2 / 334 m2

Property brokered by


Real Estate One, Inc.
(248) 208-2900
(800) 521-0508

Get more listing details on brokerage site

Presented By:
Team Home
(586) 598-1400

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  • Property Details

    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.
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  • Additional Property Information

    This multi family listing located at 1875 N River Rd., St. Clair, MI boasts six bedrooms and three bathrooms. A colonial style property, it is currently offered for $165,000.

    This property is listed by Team Home of Real Estate One, Inc. based in Michigan.

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