MLS # 20261048353 (Realcomp)

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.
Source: SparkMLS
This 6-bath home built in 1990 sits in Troy in Troy.
Currently offered at $599,900.
Annual property taxes run approximately $9,460 ($788/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
T2N, R11E, SEC 9 PLEASANT VIEW SUB N 1.00 FT OF LOT 27, ALL OF LOT 28, LOT 29 EXC N 1.00 FT 11/23/88 FR 005 & 006
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Tahmidur Choudhury
Prime Time Realty
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5858-5860 Niles Drive, Troy, MI 48098
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Municipality
Troy
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County
Oakland County
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