PRIME Income Generating Multi-Family Property in the heart of Romeo!! Fully Occupied with Long-Term Stable Tenants in this 6-Unit Apartment. The Main Street Romeo location allows tenants to walk to the Peach Fest and other great Romeo activities and events, and enjoy parades from the porch. Additionally this apartment building is in close walking distance to local shops, eateries and parks. Current owner has invested heavily into the property with various updates. These include Cosmetic, Electrical, separate Meters and Service Panels, Gas, separate Meters, Extending the Cement Front Porch with large overhang, and some Vinyl Windows. Ample paved parking for residents. If you are looking for property with great rental income potential, you have found it! Two 2-bed, 1 bath Units and Four 1-bed, 1 bath Units. MI basement with storage cages for tenants. Exterior painted in 2023. SHOWINGS AFTER OFFER ACCEPTANCE.
Sold for $555,000 on 04/30/25
$555,000
196 S Main St, Romeo, MI 48065
8beds
4,016sqft
Multi Family
Built in 1900
-- sqft lot
$556,100 Zestimate®
$138/sqft
$2,335 Estimated rent
Home value
$556,100
$523,000 - $595,000
$2,335/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 01, 2025 at 12:52pm
Listed by:
Linda L Fennell 586-484-6781,
Berkshire Hathaway HomeServices Kee Realty Wash
Bought with:
Linda L Fennell, 6506043960
Berkshire Hathaway HomeServices Kee Realty Wash
Source: MiRealSource,MLS#: 50170664
Originating MLS: MiRealSource
Originating MLS: MiRealSourceFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Kitchen
- Features: Eat-in Kitchen
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Appliances
- Included: Bar Fridge, Disposal, Range/Oven, Refrigerator, Water Softener Owned, Gas Water Heater
Features
- High Ceilings
- Flooring: Ceramic Tile
- Basement: MI Basement,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 4,016
- Total interior livable area: 4,016 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Lighted
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Sidewalks, Street Lights
Lot
- Size: 0.26 Acres
- Dimensions: 83' x 134'
- Features: Large Lot - 65+ Ft., Sidewalks, Corner Lot, Main Street
Details
- Additional structures: Shed(s)
- Parcel number: 280402134011
- Zoning description: Commercial
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Other
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail.
Community & neighborhood
Location
- Region: Romeo
- Subdivision: J.L. Benjamin Addition
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | $555,000+0.9%$138/sqft |
Source:  MiRealSource #50170664 | ||
| 4/13/2025 | Pending sale | $549,900$137/sqft |
Source: MiRealSource #50170664 | ||
| 4/7/2025 | Listed for sale | $549,900$137/sqft |
Source: MiRealSource #50170664 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 48065
Nearby schools
GreatSchools rating
- 5/10Amanda Moore Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Romeo Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Romeo High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- District: Romeo Community Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$556,100
2% more+ $11,122
With Zillow Showcase(estimated)
$567,222