500 Romeo Road, Rochester, MI 48307 1674
- $870,000
- 6
- BA
- 4,926
- SqFt
- Sold Price
- $870,000
- List Price
- $900,000
- Status
- CLOSED
- MLS#
- 60968642
- Days on Market
- 2
- Year Built
- 1964
- Closing Date
- Mar 27, 2026
- Bathrooms
- 6
- Acres
- 2.88
- Living Area
- 4,926
- Municipality
- Rochester
- Region
- Rochester
- Township
- Rochester
- Subdivision
- Rochester Village Condo
Property Description
Six condominium portfolio in larger condo community (ask about a 7th unit available); Class A location, well-run HOA. Secure a rare, cash-flowing 6-unit condo package in a well-maintained complex across three buildings, located just minutes from downtown Rochester. This stabilized investor opportunity includes 5 x 2-bed units and 1 x 1-bed unit, all occupied with reliable tenants, generating immediate rental income. Several units feature full remodels, others have value add opportunities to increase market rent or flip to a buyer. This portfolio offers instant scale, reliable cash flow, and long-term upside in a high-demand rental market - perfect for investors ready to grow fast. Please do not disturb tenants.
Additional Information
- Heating
- Baseboard
- Cooling
- Wall/Window Unit(s)
- Basement
- Yes
- Basement Description
- Common, Partially Finished
- Appliances
- Gas Water Heater
- Foundation
- Basement
- School District
- Rochester Community School District
Mortgage Calculator
Listing Courtesy of Berkshire Hathaway HomeServices The Loft Warehouse, Office Phone: 313-658-6400
Selling Office: LPS.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.