196 S Main Street Pending

Romeo,MI 48065

$ 549900

8 Beds

6 Baths

4016 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,016 sqft

Price per Sqft $136

Subdivision Mi

MLS Listing ID 50170664

Style 2 Story

Bedrooms 8

Full Baths 6

Year Built 1900

Annual Tax Amount $6,425

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 83' x 134'

Property Sub-Type Multi-Family

Property Description

PRIME Income Generating Multi-Family Property in the heart of Romeo!! Fully Occupied with Long-Term Stable Tenants in this 6-Unit Apartment. The Main Street Romeo location allows tenants to walk to the Peach Fest and other great Romeo activities and events, and enjoy parades from the porch. Additionally this apartment building is in close walking distance to local shops, eateries and parks. Current owner has invested heavily into the property with various updates. These include Cosmetic, Electrical, separate Meters and Service Panels, Gas, separate Meters, Extending the Cement Front Porch with large overhang, and some Vinyl Windows. Ample paved parking for residents. If you are looking for property with great rental income potential, you have found it! Two 2-bed, 1 bath Units and Four 1-bed, 1 bath Units. MI basement with storage cages for tenants. Exterior painted in 2023. SHOWINGS AFTER OFFER ACCEPTANCE.

Location

State MI

County Macomb

Area Romeo (50000)

Zoning Commercial

Rooms

Basement MI Basement,Other

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Interior Features 9 ft + Ceilings,Cable/Internet Avail.,Ceramic Floors

Heating Wall Heat

Cooling Ceiling Fan(s)

Fireplace No

Appliance Bar-Refrigerator,Disposal,Range/Oven,Refrigerator,Water Softener - Owned

Exterior

Exterior Feature Other

Amenities Available Pets-Not Allowed

Building

Lot Description Large Lot - 65+ Ft.,Sidewalks

Story 2 Story

Foundation Basement,Crawl

Water Public Water

Structure Type Other

Schools

School District Romeo Community Schools

Others

Ownership Private

SqFt Source Estimated

Energy Description Natural Gas

Financing Cash,Conventional

View More
Favorite Go Tour