5858-5860 Niles Drive, Troy, MI 48098

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.

Price & Status History

MLS Listing History1 listing

Tax & Assessment

Property Details