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$180,000

Beds
5
Baths
2.0
sq ft
3,116

240 S Main St, Three Rivers, MI 49093

240 S Main St

Three Rivers, MI 49093

  • 2 days on market
Charming & Versatile 5-Bedroom Home with Rental or Business Opportunity! Whether you're looking for a single-family home, an income-generating rental, or a turnkey business opportunity, this property has endless possibilities and flexible layout. This home provides the option for owner-occupied living on the first floor with a separate upstairs entrance to a rental unit above, maximizing income potential. A 4-car detached garage offers ample storage and parking. Conveniently located and move-in ready, this home is a fantastic investment! Featuring high ceilings and vinyl siding, new furnace and hot water heater (2018), PVC plumbing (2024), metal roof. Currently operating as an adult foster care residence.

Details

Property type

Single Family Residence

Est. home value

$171,255

Lot size

0.27 acres

Price per sq ft

$58

Year built

1897

Annual property taxes

$3,032

Price History

03/11/2025
Realcomp

Realcomp #66025009037

Listed
$180,000
+300.89%
07/07/2017
Realcomp

Realcomp #65016060770

Sold
$44,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Three Rivers

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$135,226
Asking price
$180,000
Closing costs (~8% of asking)
-$14,400
Est. remaining loan balance
-$30,374
Cash to seller
$135,226

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2017

Original loan amount

$35,920

Est. remaining balance

$30,374

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Alexander J Baroya and Arnold Saha

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 1:40 PM

Listing updated: 03/11/2025 at 11:39 PM

Listed by: Janice L Allen, Janice L Allen, Jaqua, REALTORSJaqua, REALTORS Phone #: (269) 341-4300

MLS: Realcomp #66025009037

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