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$ 900,000
Est. payment /mo
Active
500 Romeo Road Rochester, MI 48307
4,926 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,926 sqft
Price per Sqft $182
Municipality Rochester
Subdivision Rochester
MLS Listing ID 20251056383
Year Built 1964
Annual Tax Amount $8,376
Lot Size 2.880 Acres
Acres 2.88
Lot Dimensions Irregular
Source Realcomp
Property Description
Six condominium portfolio in larger condo community; 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.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction E on Romeo Rd from S Rochester Rd, buildings on right
Rooms
Basement Basement
Interior
Heating Baseboard
Exterior
View Y/N No
Building
Foundation Brick/Mortar
Structure Type Brick
Schools
School District Rochester
Others
Tax ID 1511330040
Listed by Berkshire Hathaway HomeServices The Loft Warehouse