Troy, MI 48084,103 BILTMORE Drive
$475,000
Est. payment /mo
2 Beds
5 Baths
3,074 SqFt
Pending

103 BILTMORE Drive Troy, MI 48084

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Key Details

Property Type Multi-Family

Sub Type Duplex,Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 3,074 sqft

Price per Sqft $154

Subdivision Summit Park Sub

MLS Listing ID 20250008547

Style Duplex,Townhouse

Bedrooms 2

Full Baths 4

Half Baths 2

Originating Board Realcomp II Ltd

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 Duplex,Townhouse

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

Zoning Multi-Family,Multiple,Residential

Direction West off Livernois btw 15 & 16 Mile Rd

Rooms

Basement Interior Entry, Unfinished, Private

Interior

Interior Features Laundry Facility

Hot Water Electric, Natural Gas

Heating Forced Air

Cooling Central Air, Separate Meter

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Private Entry

Garage Spaces 1.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Separate Meters

Water Public (Municipal)

Architectural Style Duplex, Townhouse

Level or Stories 2 Story

Structure Type Brick,Stucco

Schools

School District Troy

Others

Pets Allowed Yes

Tax ID 2028476040

Ownership Broker/Agent Owned,Short Sale - No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250008547


Realcomp MLS
Listed by Jack Bertoia of Coldwell Banker Professionals Birm

GET MORE INFORMATION

agent

Cyrus Wheeler

Broker | License ID: 6501414673

+1(248) 885-2646

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103 BILTMORE Drive