1335 South, Troy, MI 48098

$500,000 Asking Price

3 beds
1 bath
1,860  sqft
Built in 1935

INVESTOR SPECIAL! Here is a unique opportunity, live in the front house and enjoy the rent of the duplex in the back located on the same lot. This is a 3-bedroom, 1-bath, brick Colonial. The updated kitchen boasts granite countertops and includes stainless steel refrigerator, stove/oven, dishwasher, and microwave. A washer and dryer are also included. Enjoy abundant natural light throughout the house, highlighting the hardwood floors. The basement is partially finished, adding extra space to this charming home. Equipped with air conditioning, a gas forced air furnace, and ceiling fans, this residence offers comfort all year round. Set back from the road, the home provides a serene setting with a beautiful large backyard. The property in back is a duplex and is fully rented with positive cash flow. The duplex includes a one-bedroom, one bath with living room, kitchen, and shared utility room with washer and dryer. The 2nd floor unit has a living room, 2 bedrooms, 1 bath, kitchen, and shared utility room. The duplex has its own private backyard. Currently both the house and duplex are rented. Note: If you desire to live in the house or have another party interested in leasing, tenants in the Colonial would consider a lease buy-out.


Features & Amenities

Interior

Appliances:
Dishwasher, Dryer, Free standing electric range, Free standing refrigerator, Microwave, Washer
Basement:
Partially finished
A/C:
Ceiling fans, Central air
Heating:
Forced air, Natural gas

Exterior

General:
Grounds maintenance, Lighting
Style:
Colonial
Other Structures:
Porch
Pool:
None
Parking:
Circular driveway, Driveway, No garage

Construction

Roofing:
Asphalt
General:
Brick, Two, Basement, Block

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Avondale
County:
Oakland

Lot

Zoning:
T2N, R11E, SEC 4 PART OF NE 1/4 BEG AT PT DIST S 89-39-34 E 585 FT FROM N 1/4 COR, TH S 89-39-34 E 100 FT, TH S 00-06-55 E 118 FT, TH S 23-03-05 E 38.13 FT, TH S 00-06-55 W 57 FT, TH N 89-39-34 W 115 FT, TH N 00-06-55 E 210 FT TO BEG 0.51 A, 2004201005

Utilities

Utilities:
Above ground utilities, Cable available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Berkshire Hathaway HomeServices Kee Realty Bham, Christine Winans

About Troy, MI

Housing

Number of Units
34,371
Median Home Value
$328,477
Median Rent
$1,115

25.73% of housing units are renter occupied.

4.46% are vacant.

Commute

Car
64.39%
Public Transportation
0.13%
Walk to Work
0.96%
Work from Home
33.98%
Other
0.36%

The median travel time to work is 18 minutes.

People

Population
86,613
Median Age
42.20
Median Household Size
2.83

Education

High School
12.52%
Associate’s Degree
6.97%
Bachelor’s Degree
33.86%
Graduate Degree
29.58%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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