103 BILTMORE Drive Pending Save Request In-Person Tour Request Virtual Tour
Troy,MI 48084
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision City Of Troy
MLS Listing ID 20250008547
Year Built 1989
Annual Tax Amount $5,319
Lot Size 10,454 Sqft
Property Description
Excellent opportunity to own this fully leased, west Troy brick duplex with outstanding income potential with double digit return when calculated with modest 2.5% appreciaiton rate. Each 1,537 sq ft unit features 3 bedrooms, 2 full, 1 half bath floor-plan with private basement, and 1 car attached garage. Utilities are separately metered and paid by tenant. Building has been well maintained and serviced by highly acclaimed Troy schools (Morse, Baker, Troy High). Current long-term tenants (12 & 14 yrs) are on a M/M basis. Projected yearly gross rent income 48 to 52 K. Contact LB for additional details. Priced to sell, act accordingly. Appointment only with Proof of Funds and/or Mortgage pre-approval. Minimum 24 hours notice to show required. Buyer/Buyer agent to verify all information.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family,Multiple,Res
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick,Stucco
Schools
School District Troy
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition {"Other":true}