$399,900

3501 NW Thomas Road W

Oxford Twp MI, 48371

Description

One of a kind unique&Excellent turn-key investment opportunity! Hard to find 5 unit rental with historic curb appeal. Many updates, everything has been done to make this an excellent income property. All 5 units are currently rented with 1 year leases. 4 - 1 bed., and 1 - 2 bed. unit, Just take over the current leases/tenants & collect your income. Paved parking spaces, new roof, new mechanical's, (new well pump 6/2019), boiler, hot water tanks, sump pump., appliances (stoves /Refrigerators), roof, exterior, porch & stairs, windows, sidewalks, whole building water conditioning system, etc. Lots of prime road frontage on M-24 across from commercial. Great location, easy access to all major commute routes. All units have private entrances, kitchen, bath, bedroom, & living area. The charm & character of this historic building remains. Large private yard. High speed internet, cable & phone available. Current owner licensed Real Estate Agent. BATVAI

Details

MLS#219057853
Sub-TypeResale
StatusActive
Year1935
Days On Site90

Features

SQ Feet3,500
Units5
Building(s)1

Market Activity 48371

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Area Information

StateMI
CountyOakland
CityOxford Twp
Zip Code48371
AreaOxford Twp
Listing VS Median (in 48371)
Price:
$399,900
low | high
Med:
$246,450
88.372093023256% of Average
SqFt:
3,500
low | high
Med:
1,400
100% of Average
$ / SqFt:
$114
low | high
Med:
$177
5.014715217266% of Average
On Site:
90
low | high
Med:
49.5
100% of Average
Listing Updated: 09/17/2019
MLS Number: 219057853
Listing Provided By:
Patricia L Banfield  of  Willowdale Realty Dev
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