$450,000

261 S Main Street, Romeo, MI 48065

  • 4 baths |
  • 2,078 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.51acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $217/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
September 11, 2025 at 05:00AM
Listing Office:
Wessel Realty : 586-212-1634
Listing Agent:
Joseph Petzold : 586-623-2445
MLS ID:
60936006
  • Appliances: Gas Water Heater
  • Basement: MI Basement
  • Heating: Forced Air
  • Other Structures: Porch
  • General: Wood SidingTwo
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Romeo Community Schools
  • County: Macomb
  • Zoning: ASSESSORS PLAT NO 8 DESC AS THE N 55 FT OF LOT 31
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Joseph Petzold, Wessel Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Amanda Moore Elementary School

209 Dickenson St, Romeo, MI, 48065

Grades KG-5

0.56 miles away

R

Romeo Middle School

11091 32 Mile Rd, Bruce Twp, MI, 48065

Grades 6-8

0.77 miles away

R

Romeo High School

62300 Jewell Rd, Washington, MI, 48094

Grades 9-12

3.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.