Link Copied
Listed price in listed location currency (USD).
$400,000

044

MLS® 20251035468

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2078 sqft
Garage Yes
Taxes $9,106
Days Active 85
Lot Size 0.51 acres
Approx. Age 1920
Avg. Price Per Sqft $192
MLS® Number 20251035468

Property Address: 261 S Main St, Romeo, MI, 48065-5186

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20251035468
Laundry Level
Central VacNo
FireplaceNo
Acreage0.51
Exterior
GarageYes
Approx. Age1920
BasementUnfinished
DrivewayAssigned, Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 11, 2025List Date
$400,000List Price
Sep 24, 2023End Date
$356,500Sold Price

Sold

Oct 4, 2024List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
261 S Main St, Romeo, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties