Fully stabilized 20-unit townhome community in South Lyon, built in 1960 across five buildings totaling approximately 20,656 SF. Unit mix includes 12 two-bedroom/one-bath units (975 SF) and 8 three-bedroom units (6 with one bath at 1,125 SF, 2 with two baths at 1,079 SF), each with its own private exterior… Read More entrance and 40 parking spaces on site. Units are individually metered for electric and gas, which tenants pay directly; ownership covers only water and trash. Forced-air heat and central air throughout. Currently 97% occupied (19 of 20 units leased). Located near downtown South Lyon with convenient access to US-23, roughly 45-55 minutes to Detroit and 25-30 minutes to Ann Arbor, within the highly regarded South Lyon Community Schools district. A rare opportunity to acquire a well-maintained multi-family asset in a tightly held Oakland County submarket. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Greater Development LLC, 313-209-2900
Listing Snapshot
Days Online
38
Last Updated
Property Type
MultiFamily
Full Baths
22
Square Ft.
20,656
Year Built
1960
MLS Number
20261075491
Additional Details
Property Access
Frontage Type: Paved
Building
Built in 1960, Living area: 20656.0, Levels: Two, Construction Materials: Brick, VinylSiding
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