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Image 1 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 2 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 3 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 4 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 5 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 6 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 7 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 8 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
Image 9 - 31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066 - House for sale
--- Nardelli Ln, Roseville, Home For Sale
31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066

--- Nardelli Ln, Roseville, Home For Sale

house for sale
Listed: 07/11/24

31835-31811-31853-31851 Nardelli Ln, Roseville, Michigan, 48066

4 Bed:
4 Bath:
544 Sq Ft Living Area:
Save
Price
$ 330,000

About This House

Exceptional investment opportunity in Roseville with a turn-key package of four one-bedroom condos. Perfect for any investor, these low-maintenance units have all been updated within the last five years, ensuring modern appeal and ease of rental. Currently fully occupied, the property generates a gross monthly income of$3, 450,with three units rented at $900/month and one at $750/month. The lower-rent tenant is moving out at the end of July, presenting a straightforward opportunity to re-lease the unit at $900/month or more, boosting the annual gross income to$43, 200.This investment boasts minimal expenses, including annual property taxes of$5, 552.63and HOA dues of$7, 440 ($155/month), totaling$12, 992.63.This results in a net annual income of$30, 207.37,nearly a 10% cap rate, demonstrating a robust return …  Full description

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Roseville Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Roseville, United States averaged $173,346, a decrease of 1.4% from the previous month.
Median price trends for properties for sale in Roseville, United States as of June 2024.

Household Income

Median household income: $43,341
Number of households: 19,585
The average household income in Roseville, MI grew from $42,036 to $43,341 in the past year. This data is an estimate based upon 19,585 households in Roseville, MI.
The chart below presents how household income is distributed in Roseville, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Roseville, MI compared to median property taxes around the country. The prevalent amount of property taxes in Roseville, MI equals $800-$1,500 , which is less than the national average.