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103 BILTMORE Drive Troy, MI 48084 5408
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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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Bought with LPS
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