$190,000 $68/sf  
$190,000
$67.54/sf
Active - Single Family Residence for sale
Triplex | 2,813 sq. ft. | Fully Leased | Income-Producing Opportunity Property Overview: Discover an exceptional investment opportunity in the heart of Flint’s growing downtown corridor. 612 E. Third Street is a beautifully maintained triplex offering steady rental income and long-term appreciation potential. Perfect for investors or owner-occupants seeking cash flow from day one. Property Features: • Three spacious units: (2) one-bedroom apartments and (1) three-bedroom unit — all currently leased. • Approximately 2,813 sq. ft. of total living space. • Originally built in 1898, with numerous modern updates. • Recent upgrades include new windows, updated plumbing and electrical, rebuilt decks and stairs, and refreshed interiors (flooring, bathrooms, and paint). • Ample parking and a private rear patio/deck area for tenants. Location Highlights: Situated just blocks from the University of Michigan–Flint, Mott Community College, and the Flint Farmers’ Market, this property offers easy access to shopping, dining, and the cultural heart of the city. Quick access to I-69 and I-475 ensures convenience for commuters and tenants alike. Investment Highlights: • Fully occupied and income-producing — instant cash flow. • Low maintenance with significant updates already completed. • Excellent tenant demand due to proximity to colleges and downtown amenities. • Ideal for both buy-and-hold investors and owner-occupants. Financial Snapshot (fill in with your numbers): • Monthly rent: $2,650 • Annual gross income: $31,800 • Estimated annual expenses (mortgage & insurance): $20,640 • Utilities (Water, Consumers): $3456 • Net Operating Income (NOI): $7,704 • Asking Price: $190,000
Beycome ID: 17064287
- Listed by: Steven Koleno • (804) 656-5007 • contact@beycome.com
- Brokered by: Beycome Brokerage Realty LLC • (804) 656-5007
- Source: Beycome
- MLS Number: 17064287
- MLS Last Updated: Mar 26, 2026 at 03:15pm EDT
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
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Furnished: Unfurnished
Status: Active
Listed Date: 10/06/2025
Days On Market: 178
Year Built: 1898
Parcel Number: 41-18-206-003

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