MI > Romeo > Mi
Romeo, MI 48065,261 S Main Street
Romeo, MI 48065,261 S Main Street
Romeo, MI 48065,261 S Main Street
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Catherine McMurray

Catherine McMurray

+1(586) 291-1492
$400,000
Est. payment /mo
4 Baths
2,078 SqFt
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UPDATED:

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 $192

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

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Wessel Realty

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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