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197 Denby St

8 Unit Apartment Building $1,864,291 CAD ($233,036 CAD/Unit) Romeo, MI 48065

Investment Highlights

  • Park-like setting in beautiful downtown area
  • Walking distance to downtown for fun and shopping

Executive Summary

Two identical buildings in a park-like setting are located on 2 lots at the corner of Denby and Spring Streets in Romeo, Michigan.
Each building has 4 units consisting of three 2-bedroom apartments and a single 1-bedroom apartment. The buildings also feature a utility/laundry room with wash appliances. The upper units are heated with gas forced air furnaces/ with ac and the lower units with a gas water baseboard system.
For 35 years the present oner has provided a level of maintenance of unusual high quality seldom seen in apartments.
Contact Dr. Stasak at naomistasak@gmail.com

Property Facts

Price $1,864,291 CAD
Price Per Unit $233,036 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.50 AC
Building Size 8,220 SF
Average Occupancy 100%
No. Stories 2
Year Built 1983
Parking Ratio 1.95/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Wi-Fi
  • Yard
  • Breakfast Nook
  • Double Pane Windows
  • Framed Mirrors
  • Handrails
  • Lawn
  • Linen Closet
  • Pantry
  • Smoke Free
  • Vinyl Flooring
  • Window Coverings
  • Large Bedrooms

Site Amenities

  • Individual Locking Bedrooms
  • Private Bathroom

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-04-02-205-005
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$519,319 CAD

zoning

Zoning Code VILLAGE
VILLAGE
  • Listing ID: 34306928

  • Date on Market: 2024-12-27

  • Last Updated:

  • Address: 197 Denby St, Romeo, MI 48065

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