MLS Public Remarks  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.

http://www.www.johnstoneandjohnstone.com.com/20230105550

AGENT/COMPANY DETAILS  

LOCATION  

Township  Royal Oak

Directions  13 Mile and Greenfield

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  21,500

Price/SqFt  $171

Unfinished SqFt  0

Above Grade Finished SqFt  21,500

CDOM  72

Sub Property Type  Multifamily

Year Built  1963

Days on Market  72

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $3667700

Net Taxes  $60384

Acreage  0.94

Taxes  -

Tax Year  -

Summer Taxes  $51146

School District  Royal Oak

Winter Taxes  $9238

LOT DESCRIPTION  

Subdivision  Oakland Highlands

Lower Level Square Footage  0

Waterview  N

Number of Units  24

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.94

Lot Dimensions  100x400

WaterFrontage   0

INTERIOR FEATURES  

Heating  Baseboard, Hot Water, Natural Gas

Water  Public (Municipal)

Basement  Y

Heating  Baseboard, Hot Water, Natural Gas

EXTERIOR FEATURES  

Garage  0.0

Architecture  2 Story

Basement details  Partially Finished

Sewer  Public Sewer (Sewer-Sanitary)

Home Style  Upper/Lower Apartment

Possession  At Close

Exterior Materials  Block/Concrete/Masonry, Brick

DETAILS  

Status Change Date  03/07/2024

Listing Date  12/26/2023

Internet/IDX  Y

Pending Date  03/04/2024

Named Exceptions  Y

LISTING OFFICE DETAILS  

Listing Office   Greater Development Llc

Office Address   21 Kercheval Ste 233

Listing Number   20230105550

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Friday, May 10, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for 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.