Do Real Estate on the Go!
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Do Real Estate on the Go!
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$399,900
-- Bed
- 4 Baths
4 full baths
2,366sqft
224 Chandler St, Romeo, MI 48065
$399,900
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Multi Family
Built in 1950
$-- HOA
7,840.8 sqft lot
$169/sq.ft
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...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
2,366 sqft
Lot Size
7,840.8 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60970377
MLS Status
Active
Days on Market
112
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