MI > Macomb > Romeo > 303 E Lafayette Street
  • 4 Units
  • 3,355 SqFt
  • MLS# 20230011809
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248-304-6700

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248-208-3883

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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.

Property Information

Status
Sold 
Address
303 E Lafayette Street 
City
Romeo 
Zip
48065 
Year Built
1991 
Style
Ranch 
Possession
At Close 
Architecture
1 Story 
Listing Date
02/16/2023 
Subdivision
Baileys Addition 
County
Macomb 
Above Grade SqFt
3,355 
Total No of Units

School Information

School District
Romeo 

Taxes

Summer Taxes
$5,180 
Winter Taxes
$387 

Rooms and Land

Lot Dimensions
75.00 x 150.00 
Total Acres
0.25 

Features

Style
Ranch 
Cooling
Central Air 
Heating
Forced Air, Natural Gas 

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years
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annual
  • Property History
  • Schools Information
  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230011809 Sold Pending Apr 10 2023 5:36PM $585,000 8
20230011809 Pending Contingency Apr 3 2023 5:36PM 8
20230011809 Contingency Active Feb 24 2023 12:37PM 8
20230011809 Active Feb 16 2023 5:36PM $625,000 8
20221062886 Expired Withdrawn Jan 4 2023 2:16AM 25
20221062886 Withdrawn Pending Jan 3 2023 7:36PM 25
20221062886 Pending Active Dec 14 2022 10:14AM 25
20221062886 Active Nov 19 2022 5:05PM $635,000 25
2220009442 Sold Active Feb 19 2022 11:08AM $1,250 6
2220009442 Active Feb 12 2022 10:37AM $1,200 6
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MIRC Logo

Listing Courtesy of Move Realty Llc
(586) 405-2327
Office Address 6230 Christopher Court

303 E Lafayette Street Romeo
Contact us
$625,000
Sold • No. of Units: 4