UPDATED:
03/07/2024 06:06 PM
Key Details
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 21,500 sqft
Price per Sqft $170
Subdivision Oakland Highlands
MLS Listing ID 20230105550
Style Upper/Lower Apartment
Bedrooms 24
Full Baths 24
Half Baths 24
Originating Board Realcomp II Ltd
Year Built 1963
Annual Tax Amount $60,384
Lot Size 0.940 Acres
Acres 0.94
Lot Dimensions 100x400
Property Description
Altitude West presents an exciting investment opportunity with a proven track record of successful renovations and increased rental income. The fact that the property has already undergone renovations, resulting in higher rental rates, establishes a positive precedent for future improvements.
The presence of an effective property management team at Altitude West ensures a seamless transition for owners and contributes to the overall success of the investment.
In summary, Altitude West offers a unique blend of stability, strategic location, and renovation potential, making it an ideal choice for investors seeking long-term appreciation and value growth in the dynamic real estate market of Royal Oak.
Location
State MI
County Oakland
Area Royal Oak
Zoning Multi-Family
Direction 13 Mile and Greenfield
Rooms
Basement Partially Finished
Interior
Interior Features Laundry Facility
Heating Baseboard, Hot Water
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 29.0
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Royal Oak
Others
Pets Allowed Yes
Tax ID 2506353013
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, Covenant Deed
Listing Terms Cash, Conventional, Covenant Deed
Financing Cash,Conventional,Covenant Deed