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$455,000 For Sale

2034 John R Road
Troy, MI 48083

7 units | Multi Family Home
11761 sq ft - MLS# 218113152
Property Photo
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Description

Here’s the investment opportunity you’ve been searching for! If you’ve been thinking about purchasing a rental property, this is a fantastic place to start. If you’re already a landlord, this building is a rare opportunity to expand your portfolio at an incredible price point. Containing four (4) 1BR/1BA apartments plus three (3) 2BR/1BA apartments, you’ll have seven income-bearing units under one roof (which makes maintaining your investment that much simpler). Each unit has baseboard heating; boilers were both replaced in the last two years. All appliances stay! Property is right in the middle of all Troy has to offer - groceries, medical care, shopping and entertainment. This opportunity will not last long!

Features

  • Architecture Level: 3 Story
  • Baths: 7
  • Conforms To Zoning: Unknown
  • Construction Materials: Brick
  • Cooling: Window Unit
  • County/Area: Oakland County
  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Full Baths: 7
  • Gross Scheduled Income: 59040.00
  • Heating: Baseboard
  • Heating Fuel: Natural Gas
  • Income Projection: Actual
  • Listing Financing: Cash, Conventional, Fha, Va
  • Listing Status: Active
  • Lot Dimensions: 125.00X93.00
  • Lot Size: 0.2700
  • Monthly Rental Income: 4920
  • Net Operating Income: 48900.00
  • Number Of Units Leased: 7
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Property Type: Multi Family Home
  • Road Frontage Type: Paved
  • School District: Warren Con
  • Sewer: Sewer-Sanitary
  • Sq.Ft.: 4576
  • Sqft Combined: 4576
  • Sqft Source: Public Rec
  • Style: Upper/Lower Apartment
  • Sub Type: Multi Family Home
  • Subdivision: Sussex Park
  • Subdivision/Neighborhood: Sussex Park
  • Unit Count: 7
  • Unit One Bed Number Of: 4
  • Unit Two Bed Number Of: 3
  • Units: 7
  • Water Source: Municipal Water
  • Year Built: 1955
  • Zip Code: 48083
  • Zoning: Multi-Family

Courtesy of:

  • More info
  • Derek Werenka
    248-561-6155 direct
    dwerenka@m1realty.net
  • More info

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