$555,000
$549,900
0.9%For more information regarding the value of a property, please contact us for a free consultation.
196 S Main Street Romeo Vlg, MI 48065
6 Baths
4,016 SqFt
Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type Apartment,Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,016 sqft
Price per Sqft $138
Subdivision J.L. Benjamin Addition
MLS Listing ID 58050170664
Sold Date 04/30/25
Style Apartment,Colonial
Full Baths 6
Originating Board MiRealSource
Year Built 1900
Annual Tax Amount $6,425
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 83' x 134'
Property Sub-Type Apartment,Colonial
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 Vlg
Zoning Commercial
Rooms
Basement Other
Interior
Interior Features Water Softener (owned), Other, High Spd Internet Avail
Hot Water Natural Gas
Heating Separate Meters, Wall Furnace
Cooling Ceiling Fan(s)
Fireplace no
Heat Source Natural Gas
Exterior
Porch Porch
Road Frontage Pub. Sidewalk
Garage no
Building
Foundation Crawl, Basement, Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Apartment, Colonial
Level or Stories 2 Story
Structure Type Other
Schools
School District Romeo
Others
Pets Allowed No
Tax ID 280402134011
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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