5858-5860 Niles Drive
Troy, Michigan 48098
6
Bed
4.5
Bath
2,890Sqft
0.24Acre(Lot)
Investment opportunities like this rarely become available. Fully occupied and generating immediate rental income, this side-by-side duplex is located in one of Troy's most sought-after rental markets and offers the combination of location, cash flow, and quality that investors are always searching for. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,444 square feet, an attached one-car garage, private entrance, and in-unit laundry. Unit 5858 has been completely renovated from top to bottom with beautiful, modern finishes throughout, while the second unit is occupied by a long-term tenant, providing stable income from day one. Separate gas, electric, and water meters allow tenants to pay their own utilities, helping keep ownership simple and operating expenses down.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4.5 Full Baths: 4 Half Baths: 2 -
Interior Features
Laundry Facility Roof: Asphalt -
Heating & Cooling
Cooling: Central Air,Separate Meter,Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1990 Building Stories: 2 Story Total Units: 2 Roof: Asphalt Foundation/Basement: Slab Architecture: Colonial,Duplex -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Separate Meters,Sewer at Street -
Water
Separate Meters
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Lot Information
Lot Size: 0.24 Lot Dimensions: 80X130 Frontage Feet: 80 -
Property Information
SQ ft: 2890 Subdivision: Pleasant View-Troy Financing: Cash,Conventional
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Listing Price Information
Original List Price: $599,900 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: T2N, R11E, SEC 9 PLEASANT VIEW SUB N 1.00 FT OF LOT 27, ALL OF LOT 28, LOT 29 EXC N 1.00 FT 11/23/88 FR 005 & 006
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Tax Information
Annual Tax: $9,460 Parcel Number: 2009231021Possession
Subject To Tenant RightsLegal Information
Legal Description: Section: T2N, R11E, SEC 9 PLEASANT VIEW SUB N 1.00 FT OF LOT 27, ALL OF LOT 28, LOT 29 EXC N 1.00 FT 11/23/88 FR 005 & 006
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Unit 3 Information
# of Bedrooms: 2
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School Information
School District: Troy -
Utility Information
Water: Separate Meters Sewer: Separate Meters,Sewer at Street
How much is this property worth?
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ByOwner last updated this listing 06/27/2026 @ 10:19
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