Last Sold Price
8 beds4,016 sqft$138/sqft
196 South Main Street,ย Romeo, MIย 48065

Description

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,...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.
LISTING CLOSED: 04/30/2025 12:00 AM

  1. Listed by Linda L Fennell โ€ข Brokerage DRE #6505362950 โ€ข Berkshire Hathaway HomeServices Kee Realty Wash
    P: (586)-484-6781 llfennell@comcast.net

Property Details for 196 South Main Street

Status
MLS #
58050170664
Days on Market
6
Taxes
$6,425 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1900
Lot Size
0.26 AC / 11,325 SF
Subdivision Name
J.L. BENJAMIN ADDITION
Architectural Style
Apartment, Colonial
Waterfront
No
Zoning Description
Commercial

Location

Listing Courtesy of Berkshire Hathaway HomeServices Kee Realty Wash

Sold By Berkshire Hathaway HomeServices Kee Realty Wash

Add your commute

Building Information for 196 South Main Street

Stories-Residences6Year Built1900Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$3,356 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,821

Property Taxes

$535

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 196 South Main Street

Summary
Location and General Information
  • Latitude: 42.79985
  • Longitude: -83.01383
  • Cross Street: West side of Main St / South of 32 Mile
  • MLS Area Major: Romeo (50000)
Taxes and HOA
  • Parcel Number: 280402134011
  • Tax Amount Summer: $5,934.00
  • Tax Amount Winter: $491.00
  • Tax Annual Amount: $6,425.00
  • Tax Assessed Value: $109,358.00
  • Tax Legal Description: J.L. Benjamin Addition, Lot 2, exc. W 66 ft.
  • Association Fee Includes: Cable TV, Trash
School Information
  • High School District: Romeo
Parking
  • Parking Features: Assigned2Spaces, Lighted
Property
Lot Information
  • Lot Size Acres: 0.26
  • Lot Size Dimensions: 83' x 134'
  • Encroachment: No
  • Lot Features: Corner Lot
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • State Equalized Value: 222600.0
  • Living Area: 4016.0
  • Building Area Total: 4016.0
  • Building Area Source: Estimated
  • Above Grade Finished Area: 4016.0
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Other Structures: Sheds
  • Year Built: 1900
Building Features
  • Building Features: Sidewalks
  • Construction Materials: Other
  • Foundation Details: Basement, Crawl Space, Michigan Basement
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 6.0
  • Appliances: Bar Fridge, Disposal, Oven, Refrigerator, Range, Water Softener Owned
  • Basement: Other
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 8
  • Cooling: Ceiling Fans
  • Has Cooling: Yes
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Heating: Natural Gas, Separate Meters, Wall Furnace
  • Has Heating: Yes
  • Interior Features: Eat In Kitchen, High Ceilings, High Speed Internet
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Community Features: Sidewalks
  • Patio And Porch Features: Porch
Multi Family
Multi Family Information
  • Number of Units Total: 6
  • Unit Records: 6
Unit Information
Unit 1
  • Type: Unknown Data Share
Unit 2
  • Type: Unknown Data Share
Unit 3
  • Type: Unknown Data Share
Unit 4
  • Type: Unknown Data Share
Unit 5
  • Type: Unknown Data Share
Unit 6
  • Type: Unknown Data Share
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Lease Terms Available: Month To Month
  • Pets Allowed: No

Property History for 196 South Main Street

DateEvent & SourcePriceAppreciation
Apr 30, 2025

Sold (Public Record)

Public Record #1557218510

$555,000โ€”
Apr 30, 2025

Sold

MiRealSource #50170664

$555,000โ€”
Apr 30, 2025

Sold

Realcomp #58050170664

$555,000โ€”
DateEvent & SourcePrice
04/30/2025

Sold (Public Record)

Public Record #1557218510

$555,000
04/30/2025

Sold

MiRealSource #50170664

$555,000
04/30/2025

Sold

Realcomp #58050170664

$555,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 196 South Main Street

Taxable ValueLand-Additions-Total-
Tax Record2025$4,916 ($410 / month)
Home Facts
Baths6Total Finished SqFt3,798 SqFtAbove Grade Finished SqFt3,798 SqFtUnfinished Basement SqFt1,224 SqFtStories2Lot Size11,108 SqFtStyleMiscellaneous CommercialYear Built1900Year Renovated1900ZoningVILLAGECountyMACOMBAPN28-04-02-134-011

Schools near 196 South Main Street

This home is within Romeo Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Amanda Moore Elementary School
PublicK to 5

Romeo Middle School
Public6 to 8

Romeo High School
Public9 to 12

Romeo Engineering Technology Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway HomeServices Kee Realty Wash

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