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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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58585860 5858-5860 Niles Dr , Troy, MI 48098
$599,900
Est. Payment: $3,089.18/mo
0 Bed
6 Bath
0 Sqft
Status: active | Days on site: 38
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House 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.

Highlights

Listed by Tahmidur Choudhury , 313-648-7899 Prime Time Realty , 313-598-3055. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1990

County

Oakland

Neighborhood

City of Troy

School District

Troy

Listing ID

20261048353

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:6
  • Full Bathrooms:
Air Cond:Central Air,Window Unit(s)
Fireplaces:
Basement:Slab

Exterior Features

Principal Interest
$3,089
Taxes
$788

Home Price

$599,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$119,980
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Monthly Price:
$3,089.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,089.18 $788.33 $0.00 $3,877.52
Yearly $37,070.18 $9,460.00 $0.00 $46,530.18
Total $1,112,105.43 $283,800.00 $0.00 $1,395,905.43
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Troy, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

© 2026 MichRIC