303 E LAFAYETTE Street

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303 E LAFAYETTE Street

Romeo Vlg, Michigan 48065

4 baths | 3,355 sqft | MLS# 20230011809

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

DESCRIPTION

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.

FACTS

Full Baths: 4 Style: Ranch School District: Romeo County: Macomb Status: Sold Listing Type: Multifamily Stories: 1 Story Cooling: Central Air Heating: Forced Air

FEATURES

Sewer: Public Sewer (Sewer-Sanitary) Exterior: Brick,Vinyl Interior Features: Laundry Facility Water Heater: Natural Gas Directions: North side of Lafayette

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