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Larry Else

Downtown Realty

larry@dtrdetroit.com +1(313) 315-3215

$ 699,990

Est. payment -/mo

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Coming Soon

57035 Bonne Terre Lyon Twp, MI 48165

4 Beds

4 Baths

2,072 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Ranch

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $337

MLS Listing ID 20251007724

Style Ranch

Bedrooms 4

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 Ranch

Source Realcomp II Ltd

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

Zoning Multi-Family

Direction S of Grand River / W of Milford Rd

Interior

Interior Features Laundry Facility, Entrance Foyer

Heating Baseboard

Cooling Window Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Private Entry

Garage Spaces 4.0

Waterfront Description Creek

Roof Type Asphalt

Road Frontage Private, Alley

Garage no

Building

Foundation Crawl

Sewer Septic Tank (Existing)

Water Well (Existing)

Architectural Style Ranch

Level or Stories 1 Story

Structure Type Vinyl

Schools

School District South Lyon

Others

Pets Allowed No

Tax ID 2104477015

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2010

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Christine Tiderington of Coldwell Banker Town & Country

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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