Do Real Estate on the Go!
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$460,000
-- Bed
- 4 Baths
4 full baths
2,366sqft
224 Chandler St, Romeo, MI 48065
$460,000
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Multi Family
Built in 1950
$-- HOA
0.18 acre lot
$194/sq.ft
Description
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 four spacious 1-bedroom, 1-bath units, including two main-level units and two upper 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 $3,475 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 curr...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
2,366 sqft
Lot Size
0.18 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261010122
MLS Status
Active
Days on Market
14
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