5858 5858-5860 Niles

Troy, MI 48098
  • $599,900

    Price
  • 0

    Bed
  • 6

    Bath
  • 2,890

    SqFt

About the Listing 108854 - RC417168

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.

Listing Highlights

Status Active
Days on Site 37
Property Type Multi-Family
MLS ® 61005910
Year Built 1990
Total Square Footage 2,890
Lot/Acreage 0.24
County Oakland
School District Troy School District

Interior Details

  • Bedrooms: 0
  • Bathrooms: 4 Full / 2 Half
  • Appliances:
  • Air Cond: Central A/C,Window Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2890
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 80X130
  • Roof:
  • Others:
  • Sewer: Public At Street
  • Parking Features: On Street

Financial Details

  • Tax Amount: $9,460
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

5858 5858-5860 Niles Troy, MI 48098

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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