416 River Street new Save Request In-Person Tour Request Virtual Tour
Three Rivers,MI 49093
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25059336
Year Built 1976
Annual Tax Amount $2,215
Tax Year 2025
Lot Size 0.285 Acres
Property Sub-Type 2 to 4 Units
Property Description
Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools.
Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Location
State MI
County St. Joseph
Area St. Joseph County - J
Interior
Heating Radiant
Cooling None
Exterior
Parking Features Asphalt,Driveway
Utilities Available Electricity Available,Electricity Connected
Waterfront Description River
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Three Rivers
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional