5858-5860 Niles Drive, Troy, MI 48098
5858-5860 Niles Drive, Troy, MI 48098
5858-5860 Niles Drive, Troy, MI 48098
5858-5860 Niles Drive, Troy, MI 48098
5858-5860 Niles Drive, Troy, MI 48098
5858-5860 Niles Drive, Troy, MI 48098
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Ben Fitch

Ben Fitch

+1(734) 436-1355
$ 599,900
Est. payment | /mo

6 Baths

10,454 Sqft Lot

Save
$ 599,900
Est. payment | /mo
Save

6 Baths

10,454 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality City of Troy

Subdivision City Of Troy

MLS Listing ID 20261048353

Year Built 1990

Annual Tax Amount $9,460

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 80X130

Source Realcomp

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

Zoning Multi-Family,Residential

Direction S of Square Lake Rd and W of Livernois

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Central Air, Window Unit(s)

Exterior

View Y/N No

Building

Structure Type Brick

Schools

School District Troy

Others

Tax ID 2009231021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Prime Time Realty

Schools and Properties Nearby

Ben Fitch

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(734) 436-1355

benfitch.realtor@gmail.com

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5858-5860 Niles Drive