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247 E LAFAYETTE Street E

$ 140,000
247 E LAFAYETTE ST E,
113
Active

Description

Great opportunity to purchase in the desirable downtown Romeo. Currently used as Multi Family and is grandfathered as multi but also zoned Commercial. Unleash the potential of this by utilizing the first floor commercially while living above or renting above. This is a great investment and / or business opportunity. BATVAI.

Address: 247 E LAFAYETTE ST E
City:
State/County:
Zip: 48065
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Property Id : 24999
Price: $ 140,000
Bedrooms: 3
Bathrooms: 2
Building size: 0.17 acres
Available Space: 1318 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Other
Baths Full: 2
Baths Half: 0
CDOM: 912
Construction Materials: Aluminum,Other
County Or Parish: Macomb
Directions: 32 MILE W TO BAILEY STREET S TO EAST LAFAYETTE E TO RESIDENCE
Directions From EastWest: E
Directions From EastWest Detail: VAN DYKE
Directions From NorthSouth: S
Directions From NorthSouth Detail: 32 MILE ROAD
DOM: 912
Foundation Details: Michigan Basement
Foundation Materials: Stone
Frontage Feet: 76
Gross Scheduled Income: 15960.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: New
List Office Name: Arterra Realty Michigan LLC
List Price By Acre: 823529.4118
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 76X100X76X100
MLS: Realcomp II Ltd
MLS Area Major: Romeo Vlg
MLS Area Major Number: 03202
MLS Number: 217101246
Monthly Rental Income: 1330
Number Of Units Leased: 1
Annual Net Income: 15000.00
Number Of Units Total: 2
Original List Price: 140000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 0402128011
Postal City: Romeo
Postal Code Plus 4: 5235
Property Type: Multifamily
Protection Period: 180
Porch Type: Porch
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Romeo
Settlement: Village
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: N
Sqft Source: PRD
State Equalized Value: 58600.0000
Street Dir Prefix: E
Street Dir Suffix: E
Street Name: LAFAYETTE
Street Number: 247
Street Suffix: Street
Sqft Combined: 1318
Sqft Total Bsmt: 462
Table: Multi Family
Tax Amount Summer: 2051.0000
Tax Amount Winter: 164.0000
Tax Legal Description: ORIGINAL TOWN BLK 1S R2E E 1/2 OF LOT 5 EXC THE N 50.0 FT AND THE E 1/2 OF LOT 8 VILLAGE OF ROMEO2051
Title: Private - Owned
Total Tax: 2215.0000
Unit Count: 0
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 1
Unit Loft Number Of: 0
Unit One Bed Number Of: 1
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 1
Water Heater Fuel: Electric
Water Source: Municipal Water
Year Built: 1920
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Basement: No
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Arterra Realty Michigan LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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