RomeoVillage_Macomb Michigan 48065

RomeoVillage_Macomb, Michigan, 48065
$419,900

Basics

Status Category Type Year built 1950
Area, sq ft 2366 sq ft MLS ID 20261010122 Date added Added 2 days ago Subdivision Name A/P # 02 ROMEO/BRUCE
Bathrooms Full 4 Lot Size Acres 0.18 acres Address RomeoVillage_Macomb, Michigan, 48065

Description

  • Description:

    LAND CONTRACT TERMS: $230,000 DOWN 7% AMORTIZED OVER 30 YEARS, BALLOON BALANCE AFTER 5 YEARS....Excellent investment opportunity in the heart of Romeo just walking distance to vibrant downtown shops, restaurants, and community events. This well-maintained 4-unit multi-family property features two spacious 1-bedroom, 1-bath units, including two main-level units and two upper studio units. Two of the units offer full basements for additional storage and functionality. All units are occupied by long-term tenants, providing immediate and stable cash flow. Current gross monthly income is $3,415 with strong upside potential, as market rents could support income exceeding $4,000 per month. The property offers plenty of on-site parking to accommodate all occupants. The owner currently pays water, a small common electric bill, gas, lawn care, and snow removal. The roof is newer, and the building has been consistently well maintained, contributing to excellent tenant retention. To avoid disturbing tenants, showings will be scheduled upon an accepted offer only.

Rooms

  • Bathrooms: 4 baths

Building Details

  • Roof:
  • Construction Materials: AluminumSiding, Brick
  • Basement: ,
  • Architectural Style: Quadruplex
  • Basement YN: Yes
  • Sewer: PublicSewer
  • Heating: ForcedAir, NaturalGas
  • Garage YN: No
  • Levels: Two

Location

Amenities & Features

  • Waterfront YN: No
  • Pool Features: None
  • Fireplace YN: No
  • Pool YN: No
  • Parking Features: ParkingLot, OnStreet, Paved
  • WaterSource: Community

Financial

  • Homestead YN: No

School Information

  • High School District: Romeo

Miscellaneous

  • Listing Terms: Cash, Conventional
  • Pets Allowed: Yes

Courtesy of

  • List Office Name: Move Realty LLC

Ask an Agent About This Home

Phone
By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy
This style property is located in RomeoVillage_Macomb is currently and has been listed on Household Real Estate. This property is listed at $419,900. It has bedrooms, 4 baths bathrooms, and is 2366 sq ft. The property was built in 1950.

Share this property

Copy

Or share with

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

Phone

Buyers will use it to contact you.

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

Sign up with email