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Kristine Ludy

kristine@realtorsinmichigan.com +1(248) 704-9922

$599,900

Est. payment - /mo

6 Baths

2,890 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,890 sqft

Price per Sqft $207

Subdivision Pleasant View-Troy

MLS Listing ID 20261048353

Style Colonial,Duplex

Full Baths 4

Half Baths 2

Year Built 1990

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type MultiFamily

Property Description

Investment opportunities like this rarely become available. Fully occupied and generating immediate rental income, this side-by-side duplex is located in one of Troy's most sought-after rental markets and offers the combination of location, cash flow, and quality that investors are always searching for. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,444 square feet, an attached one-car garage, private entrance, and in-unit laundry. Unit 5858 has been completely renovated from top to bottom with beautiful, modern finishes throughout, while the second unit is occupied by a long-term tenant, providing stable income from day one. Separate gas, electric, and water meters allow tenants to pay their own utilities, helping keep ownership simple and operating expenses down. Perfectly positioned within the award-winning West Troy School District and just minutes from Somerset Collection, Big Beaver Road, I-75, M-59, Corewell Health Beaumont Troy Hospital, Oakland Mall, top-rated restaurants, parks, and major employers, this is a location that continues to attract strong tenant demand year after year. With no HOA, no association fees, no rent control, and both units already leased, this is a rare opportunity to acquire a high-quality, income-producing asset in one of Oakland County's premier communities. Opportunities like this are few and far between.

Location

State MI

County Oakland

Area Area02203Troy

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Separate Meters, Window Units

Fireplace No

Laundry InUnit

Exterior

Parking Features Garage, OnStreet, SharedDriveway

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Slab

Sewer Separate Meters, Sewer At Street

Water SeparateMeters

New Construction No

Schools

School District Troy

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

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Listed by Tahmidur Choudhury of Prime Time Realty

NEARBY SCHOOLS & PROPERTIES

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Kristine Ludy

+1(248) 704-9922

Agent | License ID: 6501431660

Agent License ID: 6501431660

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5858-5860 Niles DR Troy, MI 48098

Kristine Ludy

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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5858-5860 Niles DR