MI > New Hudson > Mi
New Hudson, MI 48165,57035 Bonne Terre
New Hudson, MI 48165,57035 Bonne Terre
New Hudson, MI 48165,57035 Bonne Terre
New Hudson, MI 48165,57035 Bonne Terre
New Hudson, MI 48165,57035 Bonne Terre
New Hudson, MI 48165,57035 Bonne Terre
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
13
Jul
Mon
14
Jul
Tue
15
Jul
Franny Kanalos

Franny Kanalos

+1(586) 243-1533
$ 699,990
Est. payment | /mo

4 Baths

2,072 SqFt

Save
$ 699,990
Est. payment | /mo
Save

4 Baths

2,072 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $337

Subdivision Mi

MLS Listing ID 60403292

Style 1 Story

Full Baths 4

Year Built 1965

Annual Tax Amount $3,400

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions 106 x 244 x 170 x 234

Property Sub-Type Multi-Family

Property Description

Rare Quadplex Investment Opportunity – Fully Rented & Ideally Located!Excellent opportunity to own a fully rented 4-unit multifamily property in a high-demand area. This well-maintained community includes two 1-bedroom/1-bath units and two 2-bedroom/1-bath units - all ranch-style homes with smart, efficient layouts. Each unit is on a month-to-month lease, offering flexibility for future rent adjustments or redevelopment. Tenants enjoy private carports, a shared laundry facility, and spacious yards that back to a peaceful creek - a unique and appealing setting. The current owner has been top-notch with ongoing maintenance, ensuring the homes remain clean, functional, and easy to rent. Two tenants are long-term, and thanks to the location and overall condition, rental demand remains strong. Current rents are below market due to long-standing tenant relationships, presenting immediate upside potential for a new owner. Zoned multifamily with the township, the property offers expansion potential, such as adding additional units, increasing density, or reconfiguring existing structures for higher-value use (subject to township approval). With all ranch-style homes and utilities already in place, future development is more accessible and cost-effective. This is a turn-key investment with built-in value-add potential - perfect for both seasoned investors and those looking to grow their portfolio with a reliable, income-producing asset. *Please Do Not Walk this Property Without Showing Confirmation*

Location

State MI

County Oakland

Area Lyon Twp (63211)

Zoning Multi-Family

Interior

Heating Baseboard

Cooling Window Unit(s)

Fireplace No

Exterior

Exterior Feature Vinyl Siding

Amenities Available Laundry Facility, Private Entry

Building

Story 1 Story

Foundation Crawl

Water Private Well

Structure Type Vinyl Siding

Schools

School District South Lyon Community Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Town & Country
agent-avatar

+1(586) 243-1533

frannyk@epique.me

44633 N Gratiot Ave, Clinton Twp, MI, 48036, USA

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Franny Kanalos, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

57035 Bonne Terre