218-220 Tillson Street

Beds
1,657 Sq. Ft.
$181 / Sq. Ft.
1,657
Sq. Ft.
$181
per Sq. Ft.

Description

Discover the prime investment opportunity you've been searching for in Romeo, MI! This duplex, located on sought after Tillson St., offers two generously sized units, each boasting 2 bedrooms and 1 bath. Recently updated kitchens, baths, and flooring, the property also features a new roof and a fresh furnace in one unit. Benefit from consistent rental income with long-term tenants already in place, paying $900 & $1140 monthly ($24,480 annually) with potential for rent increases. Tenants are responsible...Discover the prime investment opportunity you've been searching for in Romeo, MI! This duplex, located on sought after Tillson St., offers two generously sized units, each boasting 2 bedrooms and 1 bath. Recently updated kitchens, baths, and flooring, the property also features a new roof and a fresh furnace in one unit. Benefit from consistent rental income with long-term tenants already in place, paying $900 & $1140 monthly ($24,480 annually) with potential for rent increases. Tenants are responsible for utilities. Enjoy the convenience of a spacious backyard and two entryways per unit, offering flexibility for tenants. Option to convert to single family also.
  1. Listed by Jonathan E Foukes • Move Realty LLC
    P: (586)-405-2327 C: (586)-405-2327 JFoukes@gmail.com

Property Details for 218-220 Tillson Street

Architectural Style
2 Story
Subdivision Name
TILLSON & HARTUNG'S ADD
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 03/04/2024 12:00 AM

Property Details for 218-220 Tillson Street

StatusClosed
MLS #60287700
Days on Market8
Taxes$4,154 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1905
Lot Size0.31 AC / 13,503 SF
CountyMacomb County

Location

Listing Courtesy of Move Realty LLC

Sold By Keller Williams Realty Lakeside; Keller Williams Lakeside

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Building Information for 218-220 Tillson Street

Stories2Residences2Year Built1905Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$1,871 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$346

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 218-220 Tillson Street

Summary
Location and General Information
  • Cross Street: Main st / 32 mile
  • Directions: Main st to Tillson
  • Latitude: 42.797768
  • Longitude: -83.018045
  • MLS Area Major: Romeo (50000)
  • Senior Community: No
Taxes and HOA
  • Parcel Number: 0402108020
  • Tax Annual Amount: $4,154.00
  • Tax Assessed Value: 69350
School Information
  • High School District: Romeo
Parking
  • Attached Garage: No
Property
Lot Information
  • Frontage Length: 84.0
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Lot Size Dimensions: 84.00 x 165.00
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 1657.0
  • Building Area Total: 1657.0
  • Living Area: 1657.0
  • Living Area Source: Public Records
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1905
Building Features
  • Construction Materials: Wood Siding
  • Foundation Details: Basement, Stone
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Community
Interior and Exterior Features
Interior Features
  • Basement: Unfinished, Walk Up Access
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
Multi Family
Multi Family Information
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $24,480

Property History for 218-220 Tillson Street

DateEvent & SourcePriceAppreciation
Mar 4, 2024

Sold

Realcomp #20240008462

$300,000
Mar 4, 2024

Sold

MiRealSource #60287700

$300,000
Feb 21, 2024

Contract Signed

Realcomp #20240008462

DateEvent & SourcePrice
03/04/2024

Sold

Realcomp #20240008462

$300,000
03/04/2024

Sold

MiRealSource #60287700

$300,000
02/21/2024

Contract Signed

Realcomp #20240008462

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

Schools near 218-220 Tillson 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 Move Realty LLC

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