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515 E Lake Street

South Lyon, MI 48178
  • $425,000
  • STATUS: Active
  • ON SITE: 52 Days
  • ID#: 2210085899
UPDATED: 60 min ago
$425,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,492
    SQFT
  • $171
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1864
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
144.00X131.00

School Ratings & Info

School District:

Description

Have your Renter pay your Mortgage in this Immaculate Victorian Home. 2 blocks to downtown South Lyon. Unit 1 in Front, has Kitchen, Dining, Living Room, 2 Full Baths, 3 seasons room, and laundry room. Also, Original wood floors, covered porch, deck overlooking private fenced yard. Lots of character. Unit 2 in back has kitchen, dining, living room, 2 bedrooms or 1 bedroom and a second family room. 1st floor Laundry. Utilities are metered separate to units. Units can be combined and open up to each other. Newer windows/roof. City services, In town location on a beautiful 1/2 acre treed lot. New Garage in 2016. Walk to all the festivals. Next to Huron Valley Walk/Bike trails. Zoned light Industrial. Grandfathered in for Res/Duplex. Run a Business in the Front, live in the Back. Build another duplex, garages, storage units on property. Also listed under MLS # 2210086267

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-07T12:56:52.213.
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515 E Lake Street South Lyon, MI 48178

  • Price: $425,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 60 min ago
  • ID#: 2210085899
0
Beds
3
Baths
0
½ Baths
0.44
Acres
2,492
SQFT
$171
$/SQFT
1864
Built
Neighborhood:
South Lyon
County:
Oakland
Area:
South Lyon
School District:
SOUTH LYON
Property Description
Have your Renter pay your Mortgage in this Immaculate Victorian Home. 2 blocks to downtown South Lyon. Unit 1 in Front, has Kitchen, Dining, Living Room, 2 Full Baths, 3 seasons room, and laundry room. Also, Original wood floors, covered porch, deck overlooking private fenced yard. Lots of character. Unit 2 in back has kitchen, dining, living room, 2 bedrooms or 1 bedroom and a second family room. 1st floor Laundry. Utilities are metered separate to units. Units can be combined and open up to each other. Newer windows/roof. City services, In town location on a beautiful 1/2 acre treed lot. New Garage in 2016. Walk to all the festivals. Next to Huron Valley Walk/Bike trails. Zoned light Industrial. Grandfathered in for Res/Duplex. Run a Business in the Front, live in the Back. Build another duplex, garages, storage units on property. Also listed under MLS # 2210086267
Exterior Features

Architecture Level 2 Story Architecture Style Duplex Construction Materials StoneVinylWood Exterior Features FencedGutter Guard SystemPrivate Entry Foundation Details BasementMichigan Basement Foundation Materials PouredStone Lot Size Dimensions 144.00X131.00 Multifamily Parking GaragesPaved Parking Total 6 Pool YN No Road Frontage Feet 144 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement YN Yes Baths Total 3.00 Cooling Central AirSeparate Meter Heating Forced AirSeparate Meters Heating Fuel Natural Gas Interior Features Cable AvailableHigh Spd Internet AvailLaundry FacilityProgrammable ThermostatWater Softener (Owned) Living Area Source Public Records Room Count 0 Sq Ft Combined 2492 Sq Ft Total Basement 885 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 1 Unit Two Bed Number Of 1 Water Heater Fuel ElectricSeparate Meters

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN No Gross Scheduled Income 29340.00 Income Projection Actual Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 2445 Net Operating Income 21153.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Yes Postal City South Lyon Protection Period 90 Rent Includes Garbage PickupYard Maintenance Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 8064.0000 Tax Amount Winter 123.0000 Title Private - Owned Total Tax 8187.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 515 E LAKE ST Water Source Municipal Water Year Remodeled 2006 Zone Conform YN Yes Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via 3Dx Real Estate Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-07T12:56:52.213.
 
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