Rochester, MI 48307,500 Romeo RD #condo rental portfolio
Rochester, MI 48307,500 Romeo RD #condo rental portfolio
Rochester, MI 48307,500 Romeo RD #condo rental portfolio
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$900,000
Est. payment /mo
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4,926 SqFt
Active

500 Romeo RD #condo rental portfolio Rochester, MI 48307

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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 4,926 sqft

Price per Sqft $182

Subdivision Rochester Village Condo

MLS Listing ID 20251056383

Year Built 1964

Lot Size 2.880 Acres

Acres 2.88

Property Sub-Type RealEstateOnly

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 Area02152Rochester

Interior

Heating Baseboard, Natural Gas

Cooling WallWindowUnits

Fireplace No

Exterior

Parking Features ParkingLot

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Other

New Construction No

Schools

High Schools Rochester

School District Rochester

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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500 Romeo RD #condo rental portfolio