MLS Public Remarks  Highly desired Downtown Romeo 4 unit income property. Tons of recent capital improvements over the past year. All units are exactly the same, 2bdrm, 1 bath, in-unit laundry. Fully leased with long term tenants. Combined gross monthly rental income is $4,300. rents are: ($1200, $1150, $1000, $900) Annual $51,600. There is room to raise rents about $6,000 annually. Capital improvements include 2 heavily renovated units with new kitchens, baths, flooring, appliances, paint. All units have new exterior doors and all windows. Tenants pay all utilities (water, gas, electric) Landlord expenses include property taxes, building insurance, water softener salt & grounds maintenance. No showings without an accepted offer to avoid disturbing tenants.

http://www.www.realestateone.com.com/20230011809

AGENT/COMPANY DETAILS  

LOCATION  

Township  Romeo Vlg

Directions  North side of Lafayette

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  3,355

Price/SqFt  $186

Unfinished SqFt  0

Above Grade Finished SqFt  3,355

CDOM  8

Sub Property Type  Multifamily

Year Built  1991

Days on Market  8

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $625000

Net Taxes  $5567

Acreage  0.25

Taxes  -

Tax Year  -

Summer Taxes  $5180

School District  Romeo

Winter Taxes  $387

LOT DESCRIPTION  

Subdivision  Baileys Addition

Lower Level Square Footage  0

Waterview  N

Number of Units  4

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.25

Lot Dimensions  75.00 x 150.00

WaterFrontage   0

INTERIOR FEATURES  

Heating  Forced Air, Natural Gas

Cooling  Central Air

Water  Community

Basement  N

Heating  Forced Air, Natural Gas

EXTERIOR FEATURES  

Garage  0.0

Architecture  1 Story

Sewer  Public Sewer (Sewer-Sanitary)

Home Style  Ranch

Possession  At Close

Exterior Materials  Brick, Vinyl

DETAILS  

Status Change Date  04/10/2023

Listing Date  02/16/2023

Internet/IDX  Y

Pending Date  03/16/2023

Named Exceptions  N

LISTING OFFICE DETAILS  

Listing Office   Move Realty Llc

Office Address   6230 Christopher Court

Listing Number   20230011809

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