103 Biltmore Dr, Troy, MI 48084
- $551,000
- 6
- BA
- 3,074
- SqFt
- Sold Price
- $551,000
- List Price
- $475,000
- Closing Date
- May 05, 2025
- MLS#
- 20250008547
- Status
- CLOSED
- Bathrooms
- 6
- Half-baths
- 2
- Subdivision
- SUMMIT PARK SUB
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.
Additional Information
- Year Built
- 1989
- Basement Type
- Full, Interior Entry, Private, Unfinished
- Acres
- 0.24
- Style
- Duplex, Townhouse
- Acres
- 0.24
- School District
- Troy
- Cooling
- Central Air, Separate Meters
- Heating
- Forced Air, Natural Gas
- Exterior Features
- Private Entrance
- Garage Description
- Garage
Mortgage Calculator
Courtesy of Coldwell Banker Professionals Birm 2486446300
Selling Office: Community Choice Realty Associates, LLC.
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