3501 NW Thomas Road W

    Oxford Twp, MI 48371
    • $450,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 219057853
    UPDATED: 192 min ago
    $450,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $129
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:
    Area:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    196X88x196x196

    School Ratings & Info

    School District:

    Description

    One of a kind uniqueExcellent 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

    Monthly Payment Calculator



    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-07-16T23:57:34.86.
    www.alexnugent.com/homes/96092481

    3501 NW Thomas Road W Oxford Twp, MI 48371

    • Price: $450,000
    • Status: Active
    • Updated: 192 min ago
    • ID#: 219057853
    0
    Beds
    5
    Baths
    0
    ½ Baths
    0.5
    Acres
    3,500
    SQFT
    $129
    $/SQFT
    1935
    Built
    Neighborhood:
    None
    County:
    Oakland
    Area:
    Oxford Twp
    School District:
    OXFORD
    Property Description
    One of a kind uniqueExcellent 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
    Exterior Features

    Architecture Level 2 Story Architecture Style Upper/Lower Apartment Construction Materials StoneVinyl Exterior Features Awning/Overhang(S)Outside LightingPrivate Entry Foundation Details BasementMichigan Basement Foundation Materials Stone Lot Size Dimensions 196X88x196x196 Multifamily Parking Assigned SpacesLightedPaved Parking Total 8 Pool YN No Road Frontage Feet 88 Road Frontage Type GravelPaved Roof Material AsphaltComposition Side Of Street W Waterfront YN No

    Interior Features

    Basement Type PrivateUnfinished Basement YN Yes Baths Total 5.00 Cooling Ceiling FanCeiling Fans 2+Separate Meter Heating BaseboardHot WaterZoned Heating Fuel ElectricNatural Gas Interior Features Cable AvailableCarbon Monoxide Alarm(S)High Spd Internet AvailWater Softener (Rented) Room Count 0 Sq Ft Combined 3600 Sq Ft Lower Floor 100 Sq Ft Source Est Sq Ft Total Basement 1000 Unit Efficiency Number Of 0 Unit One Bed Number Of 4 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1 Water Heater Fuel ElectricSeparate Meters

    Property Features

    Assessment None Encroachment YN No Exclusions YN No Gross Scheduled Income 34800.00 Income Projection Projected Inventory List YN Yes Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventional Monthly Rental Income 2900 Net Operating Income 30000.00 Number Of Units Leased 5 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Oxford Protection Period 180 Rent Includes Garbage PickupHeatInt Maint W/DeductSnow RemovalWater/SewerYard Maintenance Restrictions YN No Settlement Township Sewer Septic-Existing Short Sale No Tax Amount Summer 2800.0000 Tax Amount Winter 2900.0000 Title Private - Owned Total Tax 5700.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 3501 Nw Thomas Rd W Water Source Well-Existing Year Remodeled 2009 Zone Conform YN Yes Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Willowdale Realty & Dev and Realcomp, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-07-16T23:57:34.86.
     
    The Alex Nugent Team | Real Estate One
    70 W. Long Lake, Suite 119
    Troy MI, 48098