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$749,000 per month
503 S Troy, 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 per month
  • Full Baths:
  • 5
  • Half Baths:
  • 5
  • Square Footage:
  • 3,792
  • Year Built:
  • 1905
  • Listing ID #:
  • 60106061
  • Street Address:
  • 503 S Troy
  • City:
  • Royal Oak
  • State:
  • Michigan
  • Postal Code:
  • 48067
  • County:
  • Oakland
  • Community:
  • Royal Oak (63251)
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Approximate Total Liveable Area:
  • 3792
  • Basement Type:
  • Poured, Partially Finished
  • Foundation:
  • Basement
  • Has Basement:
  • Yes
  • Number Of Units:
  • 5
  • Style:
  • 2 Story
  • Year Built:
  • 1905
  • Conforms To Zoning:
  • Commercial
  • Lot Size:
  • 100.00x120.00
  • Road Type:
  • Paved Street
  • Days On Market:
  • 55
  • For Lease:
  • Yes
  • For Sale Or Lease?:
  • For Sale
  • Originating Mls:
  • Realcomp
  • Terms:
  • Cash, Conventional
  • Tax Municipality:
  • Royal Oak
  • Ownership:
  • Private
  • Property Taxes:
  • $3,920
  • Show Listing And/Or Property Address:
  • Yes
  • Heating:
  • Hot Water, Other-See Remarks
  • Sewage Type:
  • Public At Street
  • Listing Provided By Arterra Luxe Collection LLC 248-731-0048
  • MIMLS

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