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612 E 3rd St, Flint, MI 48503

$184,999
  • 5

    bed

  • 3

    bath

  • 3,313

    Sqft ($56/Sqft)

Multi-family for sale 43 days
$5K price drop

About 612 E 3rd St

Property type Multi-family
Neighborhood
Year built 1898
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Peyton Beckham
Listing Agent Contact: 5172827166
Listing Office - Full Circle Real Estate Group LLC
Source: Realcomp mls logo
MLS#20261061972 • last updated 1 week ago
Movoto checked Realcomp for data 3 minutes ago
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Overview
Heating Baseboard, NaturalGas
Levels/Style Two, Victorian
Status Active
SubType Multi Family
Living Area 3313
MLS # 20261061972
Lot Size (Acres) 0.13
Property Tax 5046
Interior
Total # of Bathrooms 3
# of Full Baths 3
Exterior
Construction Brick
Foundation Basement, Block
Roof Asphalt
Amenities / Utilities
Pool None
Location
Subdivision VILLAGE OF FLINT RIVER
High School District Flint
APN 4118206003
Directions I 475 To Court Street, West On Court Street, Right On Chavez Drive, Right On East 3rd Street To The Property.
Zoning Residential
Multifamily Details
# Units Leased 3
Gross Scheduled Income 33630
Net Operating Income 19910
Monthly Rental Income 2950
Lot/ Land Details
Road Frontage Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Central Park

Explore everything this neighborhood has to offer. Learn more about Central Park.
73/100
Walk
71/100
Family
58/100
Dining
79/100
Pet
  • Real Estate
  • MI
  • Genesee County
  • Flint
  • 48503
  • Central Park
  • 612 E 3rd St

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