About 261 S Main Street
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.
Features of 261 S Main Street
| MLS® # | 60936006 |
|---|---|
| Price | $450,000 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,078 |
| Acres | 0.51 |
| Year Built | 1920 |
| Type | Multifamily |
| Status | Active |
| Source MLS | MiRealSource |
| Originating MLS | RealComp |
Community Information
| Address | 261 S Main Street |
|---|---|
| Area | Romeo |
| Subdivision | A/p # 08 Romeo/wash |
| City | Romeo |
| County | Macomb |
| State | Michigan |
| Zip Code | 48065 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Structure Style | 2 Story |
Exterior
| Exterior Features | Porch |
|---|
School Information
| District | Romeo Community Schools |
|---|
Additional Information
| Zoning | Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Wessel Realty |
|---|