2034 John R Road

Beds
4,576 Sq. Ft.
$93 / Sq. Ft.
4,576
Sq. Ft.
$93
per Sq. Ft.

Description

Here's the investment opportunity you've been searching for! If you've been thinking about purchasing a rental property, this is a fantastic place to start. If you're already a landlord, this building is a rare opportunity to expand your portfolio at an incredible price point. Containing four (4) 1BR/1BA apartments plus three (3) 2BR/1BA apartments, you'll have seven income-bearing units under one roof (which makes maintaining your investment that much simpler). Each unit has baseboard heating; boilers...Here's the investment opportunity you've been searching for! If you've been thinking about purchasing a rental property, this is a fantastic place to start. If you're already a landlord, this building is a rare opportunity to expand your portfolio at an incredible price point. Containing four (4) 1BR/1BA apartments plus three (3) 2BR/1BA apartments, you'll have seven income-bearing units under one roof (which makes maintaining your investment that much simpler). Each unit has baseboard heating; boilers were both replaced in the last two years. All appliances stay! Property is right in the middle of all Troy has to offer - groceries, medical care, shopping and entertainment. This opportunity will not last long!
  1. Listed by Dale Baker • M1 Realty, Inc
    P: (248)-398-9200 dbaker@m1realty.net

Property Details for 2034 John R Road

Subdivision Name
SUSSEX PARK
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 10/25/2019 12:00 AM

Property Details for 2034 John R Road

StatusClosed
MLS #21530687
Days on Market294
Taxes$3,068 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1955
Lot Size0.27 AC / 11,761 SF
CountyOakland County

Location

Listing Courtesy of M1 Realty, Inc

Sold By LPS

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Building Information for 2034 John R Road

Stories-Residences7Year Built1955Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$2,416 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,160

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2034 John R Road

Summary
Location and General Information
  • Cross Street: Maple
  • Directions: North Of Maple, West Of Dequindre
  • Latitude: 42.553937
  • Longitude: -83.10748403
  • MLS Area Major: Troy (63202)
Taxes and HOA
  • Parcel Number: 2025303049
  • Tax Annual Amount: $3,068.00
Property
Lot Information
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 4576.0
  • Building Area Total: 4576.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1955
Building Features
  • Construction Materials: Brick
  • Foundation Details: Slab
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Baseboard, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Net Operating Income: $48,900

Property History for 2034 John R Road

DateEvent & SourcePriceAppreciation
Oct 25, 2019

Sold

MiRealSource #21530687

$425,000
Sep 15, 2019

Contract Signed

MiRealSource #21530687

Aug 27, 2019

Listed (Active)

MiRealSource #21530687

$455,000
DateEvent & SourcePrice
10/25/2019

Sold

MiRealSource #21530687

$425,000
09/15/2019

Contract Signed

MiRealSource #21530687

08/27/2019

Listed (Active)

MiRealSource #21530687

$455,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2034 John R Road

Taxable ValueLand-Additions-Total-
Tax Record2022$5,359 ($447 / month)
Home Facts
Baths1Total Finished SqFt4,576 SqFtAbove Grade Finished SqFt4,576 SqFtStories1Lot Size10,019 SqFtStyleMiscellaneous CommercialYear Built2000ZoningR-1ECountyOAKLANDAPN88-20-25-303-049

Schools near 2034 John R Road

This home is within Warren Consolidated Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Susick Elementary School
PublicPK to 5

Grissom Middle School
Public6 to 8

Sterling Heights Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of M1 Realty, Inc

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