REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 475,000
Est. payment /mo
Pending
103 BILTMORE Drive Troy, MI 48084
6 Baths
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Municipality City of Troy
Subdivision City Of Troy
MLS Listing ID 20250008547
Originating Board Realcomp
Year Built 1989
Annual Tax Amount $5,319
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 80.00 x 129.00
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
Direction West off Livernois btw 15 & 16 Mile Rd
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
Tax ID 2028476040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
Listed by Coldwell Banker Professionals Birm