Pending
4312 W 13 Mile Road
Royal Oak MI, 48073 6510
$3,667,700
$170.59 per sqft
Pending
48 Baths
21,500 sqft
Residential
Built in 1963
Welcome to Altitude West, an exceptional multifamily community comprising 24 units, strategically positioned adjacent to the prestigious Beaumont Royal Oak hospital. This thriving property, currently enjoying stable cash flow, presents an exciting opportunity for investors seeking to maximize value through strategic renovations and elevate the living experience for residents. 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.
60279523
MLSⓇ ID
December 26, 2023
Listed
October 26, 2024
Updated
Map
4312 W 13 Mile Road
Royal Oak MI, 48073 6510
Interior Features
Total Stories
2
Total Bathrooms
48
Full Bathrooms
24
Half Bathrooms
24
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Hot Water
Exterior/Building Features
Lot Size
0.94 Acres
Sewer
Public Sanitary
School Information
School District
Royal Oak Neighborhood Schools
Other Property Details
Area Name
Royal Oak (63251)
Taxes
$60,384
Tax Frequency
Annually
Days on Market
69
Garage
No
View
No
County
Oakland
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
3/7/2024 | Pending | — |
Courtesy of Greater Development LLC
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Originating MLS:
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Data last updated 3:21 PM UTC, 10/26/2024