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$749,000
503 S Troy St, Royal Oak, MI 48067
0 Beds
6 Baths
3,792 SqFt

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Magnificence defined! Immaculate 5 unit apartment building in downtown Royal Oak. Well maintained property by the same family for about 45 years. 5 spacious studios with various floor plans. 2 of the units have an extra room for beds and upstairs lofts. Laundry room and spacious office/workshop located in the basement. Parking lot has 8 stalls for the residents. Long term residents have enjoyed their home for several years. This is a top notch asset to provide strong passive income for a new owner!
  • Price:
  • $749,000
  • Full Baths:
  • 5
  • Half Baths:
  • 5
  • Square Footage:
  • 3,792
  • Year Built:
  • 1905
  • Listing ID #:
  • 20221003274
  • Street Address:
  • 503 S Troy St
  • City:
  • Royal Oak
  • State:
  • Michigan
  • Postal Code:
  • 48067
  • County:
  • Oakland
  • Community:
  • Royal Oak
  • Listing Status:
  • Active
  • Listing Type:
  • Multifamily
School District: Royal Oak
  • Basement Type:
  • Partially Finished
  • Foundation:
  • Basement
  • Foundation Material:
  • Poured
  • Has Basement:
  • 1
  • Stories:
  • 2 Story
  • Total Building Square Footage:
  • 3792
  • Year Built:
  • 1905
  • Conforms To Zoning:
  • Commercial
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 59
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 3365.9800
  • Winter Tax:
  • 555.1600
  • Existing Water:
  • Public (municipal)
  • Heating:
  • Hot Water, Other
  • Sewage Type:
  • Public Sewer (sewer-Sanitary), Sewer At Street
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • FARMHILL

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