2067 Opdyke Rd Auburn Hills, MI 48326
- Commercial real estate
- 2,461 SF
- 1.23 lot acres
Current Use by Public Records
- Digital Diagnostic Imaging / Medical Diagnostic Imaging Center
Property Details for 2067 Opdyke Rd
- Year built
- 1928
- Lot size
- 1.23 lot acres
- Property size
- 2,461 SF
- Property type
- Commercial real estate
- APN
- 14-14-151-041
Description
Exceptional investment opportunity in Auburn Hills, Michigan, presents a six-unit apartment complex at 2067 N Opdyke Rd, boasting 2,461 square feet on a 1.23-acre lot (APN 14-14-151-041). This Class C multifamily property, built in 1928 and extensively renovated in 2023, offers a compelling mix of unit sizes: one three-bedroom house, one two-bedroom apartment, and four one-bedroom apartments. Currently operating at 100% occupancy with annual leases, this property benefits from over $230,000 in capital improvements completed within the last year, encompassing interior and exterior upgrades, parking lot improvements, and roof repairs. The property's strategic location on Opdyke Road, just northwest of I-75's University exit, provides excellent access to major roadways including I-75, Woodward Avenue, and M-59, enhancing its appeal to tenants and investors alike. Zoned I-1 (Light Industrial), this property presents potential for future redevelopment, leveraging its prime location and performing land status. The recent 2023 purchase ensures that property taxes are currently uncapped, minimizing potential future tax increases. This turnkey investment offers immediate cash flow and long-term growth potential. The asking price is $850,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2462572
- Latitude
- 42.6720673
