500 Romeo RD #condo rental portfolio, Rochester, MI 48307

$900,000

Est.Price: ?

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Est. payment /mo

4,926 SqFt


SOLD DATE : 03/27/2026

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Sold

Purchase Type For Sale

Square Footage 4,926 sqft

Price per Sqft $176

Subdivision Rochester Village Condo

MLS Listing ID 20251056383

Sold Date 03/27/26

Year Built 1964

Lot Size 2.880 Acres

Acres 2.88

Property Sub-Type RealEstateOnly

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.

Location

State MI

County Oakland

Area Area02152Rochester

Interior

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

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

School District Rochester

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse
Bought with Andrews Realty Group
NEARBY SCHOOLS & BUSINESSES
Cindy Mastin

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