Pending

416 River Street

Three Rivers, Michigan 49093

$315,000 $1,328/Mo

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Overview

Bed

Bath

0.29

Acre(Lot)

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.

Property Details

Property Type : Multifamily

Price : $315,000

AD Id : 68986954

MLS Id : 68025059336

Beds : 8

Lot Size : 0.29 Acre

Year Built : 1976

County : Saint Joseph

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Composition
Heating & Cooling

Heating: Radiant Heating Fuel: Other

Building Information

Year Built: 1976 Total Units: 4 Roof: Composition Foundation/Basement: Slab
Utility Features

Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Water

Public (Municipal)

Lot Information

Lot Size: 0.29 Lot Dimensions: 95x142 Frontage Feet: 95 Waterfront Description: Private Water Frontage,River Front,Lake/River Priv
Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $350,300
Listing Information

Possession: At Close Legal Description: COM 192 FT E OF INT S MAIN ST & RIVER ST TH E 95 FT (REC 100 FT) ALG RIVER ST TH N TO RIVER TH WLY ALG RIVER TO PT DUE N OF POB TH S TO POB. PT OF LOT 17 BLK 1 FLINTS ADD CITY OF 3 RIVERS.

Tax Information

Annual Tax: $2,216 Parcel Number: 05123001802
Possession

At Close
Legal Information

Legal Description: Section: COM 192 FT E OF INT S MAIN ST & RIVER ST TH E 95 FT (REC 100 FT) ALG RIVER ST TH N TO RIVER TH WLY ALG RIVER TO PT DUE N OF POB TH S TO POB. PT OF LOT 17 BLK 1 FLINTS ADD CITY OF 3 RIVERS.

Unit 2 Information

# of Bedrooms: 4

School Information

School District: Three Rivers
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street

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ByOwner last updated this listing 06/07/2026 @ 22:39

MLS: 68025059336 LISTED BY: Kascee Wyatt , Michigan Top Producers 269-659-2791 SOURCE: Realcomp II Ltd