Troy, MI 48084 5408,103 BILTMORE Drive
Troy, MI 48084 5408,103 BILTMORE Drive
Troy, MI 48084 5408,103 BILTMORE Drive
16
$551,000
$475,000
16.0%
Est.Price: ?

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6 BA
3,074 SqFt

103 BILTMORE Drive Troy, MI 48084 5408

Est. payment /mo
SOLD DATE : 05/05/2025

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Key Details

Sold Price $551,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,074 sqft

Price per Sqft $179

Subdivision Mi

MLS Listing ID 60375563

Sold Date 05/05/25

Style 2 Story

Full Baths 4

Half Baths 2

Year Built 1989

Annual Tax Amount $5,319

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 80.00 x 129.00

Property Sub-Type Multi-Family

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 Troy (63202)

Rooms

Basement Poured

Interior

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility, Private Entry

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Troy School District

Others

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Coldwell Banker Professionals Birm
Bought with LPS

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Tracy Butcher

Tracy Butcher

Associate Broker - Non-Principal | License ID: 6506049127

+1(810) 428-7092

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