345 N LAFAYETTE Street South Lyon, MI ^$ 949,000

345 N LAFAYETTE Street

^$ 949,000

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345 N LAFAYETTE Street

South Lyon, MI, 48178

^$ 949,000

Studio Baths3.2 Sq 2,710

Monthly Estimate*

^$ 6,307

345 N LAFAYETTE Street, South Lyon, MI 48178 - Image 1

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Studio

Multi-Family Home for sale in South Lyon, MI

for $949,000 with 3 full baths, 2 half baths. This 2,710 square foot home was built in 1900 on a lot size of 3.

3 Acres of Prime Property located in Downtown South Lyon. Sale includes 345 N. Lafayette AND 405 N. Lafayette. 188 feet frontage on Layette (Pontiac Trail) Perfect spot for new Retail shops with Apartments or Lofts. Many possibilities! Value is in the land. Current buildings are tenant occupied. Do not approach tenants or walk property without permission.

Multi-Family Active

Price

^$ 949,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,125

Style

Cape Cod,Colonial

Lot Size

Year Built

1900

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

60295516

Features

General

Heating Forced Air Hot Water

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Full Baths 3

Half Baths 2

Bathrooms 5

Year Built 1900

Subdivision ASSR'S PLAT NO 2 - CITY OF SOUTH LYON MI

Style Cape Cod Colonial

County Oakland

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality South Lyon

Structure Style 2 Story

Area South Lyon (63277)

Primary City South Lyon

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20240018171

Directions 2 homes/ buildings on West side of Pontiac Trail just S of RR Tracks past window company

City South Lyon

School District South Lyon Community Schools

Street Name LAFAYETTE

Financial Terms Cash Conventional

Legal Description T1N R7E SEC 19 ASSESSOR'S PLAT NO 2 N 75 FT OF LOT 38

DOM 75

Postal Code 48178

Price Per Sq Ft Total 350.18

Coming Soon 3 Acres of Prime Property located in Downtown South Lyon. Sale includes 345 N. Lafayette AND 405 N. Lafayette. 188 feet frontage on Layette (Pontiac Trail) Perfect spot for new Retail shops with Apart

Interior

Basement Block Partially Finished

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Aluminum Brick Other

Lot Size Area 3

Lot Dimensions 188x345x317x462

Roads Gravel Paved Street

Waterfront Y/N No

* Excluded Features

List By

Lance Shamoo

Listing Agent

Coldwell Banker Metro Real Estate

Broker

lanceshamoohomes@gmail.com

Affordability Calculator

$6,651

Per Month

Monthly Principal & Interest: $6,307
Monthly Property Taxes: $344
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in South Lyon, MI

Average List Price ^$949,000

Percent of Sale Price 0%

About South Lyon, MI

12,956 Population

29% Since 2002

^$65,418 Median Income

40.31 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1245844 Elementary School

1245851 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/1/2024	$949,000	-3.06%	Price Down
5/3/2024	$979,000	-11.00%	Price Down
3/21/2024	$1,100,000		Listed Price

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345 N LAFAYETTE Street, South Lyon, MI, 48178 is a Multi-Family Home for sale at $949,000 with 2,710 sqft and a lot size of 3. 345 N LAFAYETTE Street is a studio with 3.2 baths and was built in 1900. The property's zip code is 48178 which is in South Lyon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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345 N LAFAYETTE Street

Multi-Family Home for sale in South Lyon, MI

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