3055 Auburn Road, Auburn Hills MI 48326 Photo 1 3055 Auburn Road, Auburn Hills MI 48326 Photo 2 3055 Auburn Road, Auburn Hills MI 48326 Photo 3 3055 Auburn Road, Auburn Hills MI 48326 Photo 4 3055 Auburn Road, Auburn Hills MI 48326 Photo 5 3055 Auburn Road, Auburn Hills MI 48326 Photo 6 3055 Auburn Road, Auburn Hills MI 48326 Photo 7 3055 Auburn Road, Auburn Hills MI 48326 Photo 8 3055 Auburn Road, Auburn Hills MI 48326 Photo 9 3055 Auburn Road, Auburn Hills MI 48326 Photo 10 3055 Auburn Road, Auburn Hills MI 48326 Photo 11 3055 Auburn Road, Auburn Hills MI 48326 Photo 12 3055 Auburn Road, Auburn Hills MI 48326 Photo 13 3055 Auburn Road, Auburn Hills MI 48326 Photo 14 3055 Auburn Road, Auburn Hills MI 48326 Photo 15 3055 Auburn Road, Auburn Hills MI 48326 Photo 16 3055 Auburn Road, Auburn Hills MI 48326 Photo 17 3055 Auburn Road, Auburn Hills MI 48326 Photo 18

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3055 Auburn Road - Great investment opportunity in downtown Auburn Hills renaissance. Walk able to downtown with shoppes, restaurants and parks for the tenants. Close to freeways, Oakland University and tech center. Approximate 10% cap with projected rents based on past rents and 5% vacancy factored in. Two units currently vacant purposely for upgrades and showings, units easy to rent. Small 1 bedroom unit to right is rented and can only be seen with written offer. Please do not disturb tenant. Unit has some upgrades and separate tenant paid gas forced air heat. Seller is a licensed broker and property manager and can place tenants afterwards and manage for fee if needed. New roof and attic insulation recently to minimize energy usage. Basement storage and laundry area has been reserved for 2 bedroom unit. Property is zoned multi family with no rental registration or city inspections currently required.

Listing information

  • MLS® ID: 218098073
  • Baths: 3 (Full: 3 3/4: 0 1/2: 0 Other: 0)
  • Parking Type Description: Other 4 cars
  • Total Square Footage: 2,200 ($65.86 per sq. foot)
  • School District: Avondale
  • Style: Tri-Plex
  • Status: Active
  • New Construction: No
  • Lot Size: 60 x 200 x 60 x 200
  • Year Built: 1926
  • Stories: 0
  • Foreclosure: No
  • County: Oakland

Features

Architecture Level 2 Story
Architecture Style Triplex
Basement Type Unfinished
Cooling Ceiling Fans 2+
Exterior Features Awning/Overhang(s)
Foundation Details Basement
Foundation Materials Block
Heating Forced Air
Heating Fuel Natural Gas
Income Projection Projected
Interior Features High Spd Internet Avail
MF Parking Assigned Spaces
Other Basement YN - 1, Encroachment YN - 0, Exterior Features - Awning/Overhang(S), Frontage Feet - 60, Gross Scheduled Income - 21780.00, Land Contract YN - 0, Monthly Rental Income - 1815, Net Operating Income - 15000.00, Number Of Units Leased - 1, Number Of Units Total - 3, Sqft Total Bsmt - 800, Tax Amount Summer - 2636.0000, Tax Amount Winter - 102.0000, Unit Efficiency Number Of - 0, Unit One Bed Number Of - 2, Unit Three Bed Number Of - 0, Unit Two Bed Number Of - 1, Waterfront YN - 0, Zone Conform YN - 1
Ownership Status Private Owned, Short Sale - No
Rent Includes Garbage Pickup, Heat, Water/Sewer, Yard Maintenance
Road Frontage Type Paved
Side Of Street N
Zoning Multiple
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Town & Country. Courtesy of Real Prop Management Metro Detroit and Realcomp Ii Ltd. Copyright 2018 Realcomp II Ltd. Shareholders