103 Biltmore Dr Troy, MI 48084
Property details
About 103 Biltmore Dr
Excellent opportunity to own this fully leased, west Troy brick duplex with outstanding income potential with double digit CoC return when calculated with modest 2.5% appreciaiton rate. Each 1,537 sq ft unit features 3 bedrooms, 2 full, 1 half bath floor-plan with private basement, and 1 car attached garage. Utilities are separately metered and paid by tenant. Building has been well maintained and serviced by highly acclaimed Troy schools (Morse, Baker, Troy High). Current long-term tenants (12 & 14 yrs) are on a M/M basis. Projected yearly gross rent income 48 to 52 K. Contact LB for additional details. Priced to sell, act accordingly. Appointment only with Proof of Funds and/or Mortgage pre-approval. Minimum 24 hours notice to show required.
Highlights
Summary
- MLS Number: 20250008547
- MLS Name: Realcomp II Ltd
- Office Name: Coldwell Banker Professionals Birm
- Office Phone: (248) 644-6300
- Listing Agent: Jack Bertoia
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Last updated on: 3/14/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
103 Biltmore Dr
$5,641
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Morse Elementary School
Public District KG-5
0.7 mi
•475 Cherry Dr
5
Paul a Schalm School
Public District KG-5
0.9 mi
•940 N Selfridge Blvd
6
Kenwood Elementary School
Public District PK-5
1.5 mi
•240 Nahma Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,018. The most common annual income of people living in Troy, MI is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
Frequently asked questions
Living in Troy, MI
About 103 Biltmore Dr
This home is located at 103 Biltmore Dr in Troy, MI and zip code 48084. This 3,074 square foot home, which was built in 1989, sits on a 0.24 acre lot. Features: 6 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $475,000.
Over 11 listings were sold over their listed price in February 2025 in Troy, MI. In the same period over 18 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Troy, MI between January and February 2025 decreased by 0.6%. Listings spent 27 days on the market in February 2025, and had a median list price of $456,033 during the same period.