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$ 300,000
Est. payment | /mo
2 Baths
1,912 SqFt
$ 300,000
Est. payment | /mo
2 Baths
1,912 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,912 sqft
Price per Sqft $156
Subdivision Mi
MLS Listing ID 61005743
Style 1 1/2 Story
Full Baths 2
Year Built 1870
Annual Tax Amount $7,165
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 80X168
Property Sub-Type Multi-Family
Property Description
Exceptional investment opportunity in the heart of Romeo! This well-maintained duplex offers two spacious 2-bedroom units, each featuring private laundry and separate utilities, making management simple and appealing to both owners and tenants. One unit is currently leased at $1,400 per month through February 2027, providing immediate and stable rental income, while the vacant unit offers flexibility for an owner-occupant or the opportunity to secure additional market-rate rent. Each unit also includes access to a large private storage space on the property, creating potential for additional income. Located just a short walk from downtown Romeo, tenants can enjoy convenient access to the area's popular shops, restaurants, parks, and community events. Opportunities like this are hard to find in such a highly desirable market, offering strong value at this price point with both current cash flow and future upside potential. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the other, this property is a must-see.
Location
State MI
County Macomb
Area Romeo (50000)
Zoning Residential
Rooms
Basement MI Basement, Stone
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Building
Story 1 1/2 Story
Water Public Water
Structure Type Vinyl Siding
Schools
School District Romeo Community Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Somerset
NEARBY SCHOOL & BUSINESS