MI > Three Rivers
Three Rivers, MI 49093,500 River Street
Three Rivers, MI 49093,500 River Street
Three Rivers, MI 49093,500 River Street
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$350,300
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0.48 Acres Lot
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500 River Street Three Rivers, MI 49093

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Motus Real Estate

Motus Real Estate

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Three Rivers City

MLS Listing ID 25059338

Year Built 1972

Annual Tax Amount $2,064

Tax Year 2025

Lot Size 0.482 Acres

Acres 0.48

Lot Dimensions 90x150

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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

Direction Take S Main St to River St. Property sits adjacent to the River.

Body of Water St Joseph River

Rooms

Basement Slab

Interior

Heating Radiant

Cooling None

Exterior

Parking Features Concrete, Driveway

Utilities Available Electricity Available, Phone Connected, Electricity Connected, Cable Connected

Waterfront Description River

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 5

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Three Rivers

Others

Tax ID 051 230 018 01

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Michigan Top Producers

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Motus Real Estate

Motus Real Estate

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+1(248) 270-5999

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