103 Biltmore Drive

Troy, Michigan 48084

  • 6 Bed(s)
  • 4.5 Bath(s)
  • 3,074 Sqft
  • 0.24
    Acre(Lot)
$475,000

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.

  • Property Type

    Multifamily

  • Subdivision

    Summit Park Sub

  • County

    Oakland

  • Style

    Duplex,Townhouse

  • AD ID

    48912948

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Property Details

  • Bathroom Information

    • Total Baths: 4.5
    • Full Baths: 4
    • Half Baths: 2

    Interior Features

    • Laundry Facility
    • Basement Description: Interior Entry,Unfinished,Private

    Heating & Cooling

    • Cooling: Central Air,Separate Meter
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Electric,Natural Gas

  • Building Information

    • Year Built: 1989
    • Building Stories: 2 Story
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Duplex,Townhouse

    Exterior Features

    • Private Entry
    • Construction: Brick,Stucco

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Separate Meters

    Water

    • Public (Municipal)
    • Water Heat: Electric,Natural Gas

  • Lot Information

    • Lot Size: 0.24
    • Dimensions: 80.00 x 129.00

    Property Information

    • SQ ft: 3074
    • Subdivision: SUMMIT PARK SUB
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $475,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: T2N, R11E, SEC 28 SUMMIT PARK SUB LOT 32, ALSO E 30 FT OF LOT 33, ALSO ALL OF VAC ALLEY ADJ TO SAME7-17-89 FROM 013 & 014

  • Tax Information

    • Annual Tax: $5,319
    • Parcel Number: 2028476040

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: T2N, R11E, SEC 28 SUMMIT PARK SUB LOT 32, ALSO E 30 FT OF LOT 33, ALSO ALL OF VAC ALLEY ADJ TO SAME7-17-89 FROM 013 & 014

  • Virtual Tour

    Parking Information

    • Parking: 1
    • Has Garage: Yes

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 3 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary),Separate Meters
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BuyOwner last updated this listing 03/30/2025 @ 07:05

  • MLS: 622960427
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 6 bedrooms which is recently sold, it has 3,074 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.