Troy, MI 48084,103 BILTMORE Drive
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Troy, MI 48084,103 BILTMORE Drive
Troy, MI 48084,103 BILTMORE Drive
Troy, MI 48084,103 BILTMORE Drive
Troy, MI 48084,103 BILTMORE Drive

$475,000

Est. payment /mo
Est.Price: ?

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103 BILTMORE Drive Troy, MI 48084

6 Baths

10,454 Sqft Lot

SOLD DATE : 05/05/2025

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality City of Troy

Subdivision City Of Troy

MLS Listing ID 20250008547

Sold Date 05/05/25

Year Built 1989

Annual Tax Amount $5,319

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 80.00 x 129.00

Source Realcomp

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}

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Listed by Coldwell Banker Professionals Birm
Shannon Prain

Shannon Prain

Broker Associate | License ID: 6506046723

+1(517) 937-7834

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