MI
Macomb
Romeo Village
48065
261 S Main Street
261 S Main Street, Romeo Village, MI 48065
Share Listing
Listing Type
Multi Family
Listing Status
active
15
$475,000

Home Details for 261 S Main Street

Price
$475,000
Type
Residential Income
Bedrooms
4
Bathrooms
4.0
Square feet
2078
Year built
1920
Lot size acres
0.51
County
Macomb
Garage
Basement
Unfinished
Days on site
11
MLS Listing#
20251035468
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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Assigned
    • Garage
  • Cooling Information
    • None
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: Wessel Realty - 586-212-1634
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Median Listing Price
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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