$200,000
$315,000
36.5%For more information regarding the value of a property, please contact us for a free consultation.
416 River Street Three Rivers, MI 49093
0.29 Acres Lot
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Three Rivers City
MLS Listing ID 25059336
Sold Date 07/17/26
Year Built 1976
Annual Tax Amount $2,215
Tax Year 2025
Lot Size 0.285 Acres
Acres 0.29
Lot Dimensions 95x142
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
NEW METAL ROOF! 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 river.
Rooms
Basement Slab
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
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 02
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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