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Romeo,MI 48065
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,078 sqft
Price per Sqft $228
Subdivision Mi
MLS Listing ID 60936006
Style 2 Story
Full Baths 4
Year Built 1920
Annual Tax Amount $9,106
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 55X404
Property Sub-Type Multi-Family
Property Description
Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently all units are occupied displaying the high demand for rentals in the area. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo's shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.
Location
State MI
County Macomb
Area Romeo (50000)
Zoning Multi-Family
Rooms
Basement MI Basement
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Wood
Building
Story 2 Story
Water Public Water
Structure Type Wood
Schools
School District Romeo Community Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional