$3,667,700
Pending
14 Days Online
0 Beds48 Baths21,500 SQFT
Pending

4312 W 13 Mile Road Royal Oak, MI 48073

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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.

  • Property TypeMulti-Family
  • NeighborhoodOakland Highlands
  • CountyOakland
  • Taxes$60,384
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusPending
  • MLS ID Number20230105550
  • Home Size Source Estimated
  • Year Built1963
  • Lot Size0.94 Acres
  • Full Baths24
  • Partial Baths24

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General Features

  • Style Upper/ Lower Apartment
  • Construction BlockBrick
  • Sewer Public Sewer
  • Basement Partially Finished
  • Number of Stories 2
  • Water Public
  • Property Sub Type Multi Family
  • Foundation Block
  • Zoning Multi-Family

Interior Features

  • Heating BaseboardHot WaterNatural Gas
  • Laundry Features Laundry Facility
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Pets Call
  • MLS Area Royal Oak

Schools

School District
Royal Oak
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$19,956
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