Listed price in listed location currency (USD).
$599,900

060

MLS® 20261048353

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2890 sqft
Garage Yes
Taxes $9,460
Days Active 0
Lot Size 0.23999999463558197 Acres
Approx. Age 1990
Avg. Price Per Sqft $207
MLS® Number 20261048353

Property Address: 5860-5858-5860 Niles Dr, Troy, MI, 48098-2939

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20261048353
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageYes
Approx. Age1990
Basement
DrivewayGarage, On Street, Shared Driveway
Garage Spaces0
HeatForced Air, Natural Gas
A/CCentral Air, Separate Meters, Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$599,900List Price
  • Commute

Commute

Starting Address
Destination Address
5858-5860 Niles Dr, Troy, MI

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