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224 Chandler Street, Romeo, MI 48065

Local realty services provided by:CENTURY 21 Dynamic Realty
224 Chandler Street,Romeo, MI 48065
$460,000
  • - Beds
  • 4 Baths
  • 2,366 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan e foukes
Office: move realty llc.
MLS#:20261010122
Source:MI_REALCOMP

Price summary

  • Price:$460,000
  • Price per sq. ft.:$194.42

About this home

Excellent investment opportunity in the heart of Romeo just walking distance to vibrant downtown shops, restaurants, and community events. This well-maintained 4-unit multi-family property features four spacious 1-bedroom, 1-bath units, including two main-level units and two upper units. Two of the units offer full basements for additional storage and functionality. All units are occupied by long-term tenants, providing immediate and stable cash flow. Current gross monthly income is $3,475 with strong upside potential, as market rents could support income exceeding $4,000 per month. The property offers plenty of on-site parking to accommodate all occupants. The owner currently pays water, a small common electric bill, lawn care, and snow removal. The roof is newer, and the building has been consistently well maintained, contributing to excellent tenant retention. To avoid disturbing tenants, showings will be scheduled upon an accepted offer only.

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Home facts

  • Year built:1950
  • Listing ID #:20261010122
  • Added:4 day(s) ago
  • Updated:February 23, 2026 at 11:09 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,366 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1950
  • Building area:2,366 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Community
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$460,000
  • Price per sq. ft.:$194.42
  • Tax amount:$8,427
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