South Lyon MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,672
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1920
Baths:
3.00
MLS#:
60325510
Subdivision:
ASSR'S PLAT NO 2 - CITY OF SOUTH LYON

ADDITIONAL INFORMATION

GREAT INVESTMENT AND INCOME PROPERTY IN DOWNTOWN SOUTH LYON! 3 TOTAL UNITS. UNIT #1 - 1 BED 1 BATH ENTRY LEVEL WITH BASEMENT AND LAUNDRY HOOKUP Rented. UNIT #2 - Efficiency ENTRY LEVEL STUDIO (OCCUPIED). UNIT #3 - 3 BED 1 BATH SECOND LEVEL (OCCUPIED). PLENTY OF OUTDOOR PARKING SPACE FOR TENANTS. UNIT 1 & UNIT 2 SHARE UTILITY METERS and tenant split the bill 60/40. UNIT 3 IS ON IT�S OWN METER. EACH UNIT HAS PRIVATE ENTRY. GREAT LOCATION JUST TWO BLOCKS FROM LAFAYFETTE ST! EASY TO RENT! PRIME COMMUTING LOCATION TO MANY LOCAL Restaurants, Bars, Shopping. Agents see agent remarks for more details

Type:
Multi-Family
Sq.Ft.:
2,710
Status:
Active
Beds:
n/a
Lot size:
3 Acres
Year built:
1929
Baths:
5.00
MLS#:
60295516
Subdivision:
ASSR'S PLAT NO 2 - CITY OF SOUTH LYON

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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South Lyon Real Estate

The median home value in South Lyon, MI is $405,000. This is higher than the county median home value of $248,100. The national median home value is $219,700. The average price of homes sold in South Lyon, MI is $405,000. Approximately 69.6% of South Lyon homes are owned, compared to 23.44% rented, while 6.97% are vacant. South Lyon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Lyon real estate agent to arrange a tour today!

South Lyon, Michigan has a population of 11,695. South Lyon is more family-centric than the surrounding county with 39.49% of the households containing married families with children. The county average for households married with children is 33.38%.

The median household income in South Lyon, Michigan is $63,876. The median household income for the surrounding county is $73,369 compared to the national median of $57,652. The median age of people living in South Lyon is 42.3 years.

South Lyon Weather

The average high temperature in July is 81.1 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33.4 inches per year, with 57.3 inches of snow per year.

South Lyon Real Estate Market Conditions

  • Median sales price

    $405,000
    3.26% change since last quarter
  • # Active listings

    148
    30-day change

South Lyon Schools and Demographics

Education near South Lyon, MI

Metric City County
High School Graduates 91.56 93.73
College Degree - 2 year 8.6 7.77
College Degree - 4 year 37.08 45.74
Graduate Degree 11.12 14.51
Expenditures per Student 9,784 12,819
Students per Teacher 19.8 20.5

Elementary Schools near South Lyon, MI

School Grades Students P/T Ratio ZIP
Amerman Elementary School KG - 05 546 17.5 48167
Ann L. Dolsen Elementary School KG - 05 483 19.9 48165
Frank E. Bartlett School KG - 05 406 18.3 48178
Kent Lake Elementary School KG - 05 577 19.7 48178
Moraine Elementary School KG - 05 455 20 48167
Ridge Wood Elementary School KG - 05 561 15.9 48168
Salem Elementary School KG - 05 385 16.5 48168
Sayre Elementary School KG - 05 584 19.9 48178
Silver Springs Elementary School KG - 05 451 15.7 48167
Whitmore Lake Elementary School KG - 06 465 17 48189
William A. Brummer Elementary School KG - 05 582 19.9 48178
Winchester Elementary School KG - 05 548 17.1 48168

Middle Schools near South Lyon, MI

School Grades Students P/T Ratio ZIP
Centennial Middle School 06 - 08 929 22 48178
Hillside Middle School 06 - 08 1,023 24.9 48167
Meads Mill Middle School 06 - 08 737 19.9 48168
Millennium Middle School 06 - 08 847 20.7 48178
Whitmore Lake Middle School 06 - 07 315 16.7 48189

High Schools near South Lyon, MI

School Grades Students P/T Ratio ZIP
Northville High School 09 - 12 2,287 24 48168
Whitmore Lake High School 07 - 12 426 18 48189

Ungraded Schools near South Lyon, MI

School Grades Students P/T Ratio ZIP
* South Lyon East High School 09 - 12 916 20.4 48178
* South Lyon High School 09 - 12 1,241 20.8 48178
Cooke School KG - 12 163 5.4 48167
Sharon J. Hardy Elementary School KG - 09 625 17.3 48178
W.J. Maxey Training School 05 - 12 10 48189

Demographics near South Lyon, MI

Metric City County
Neighborhood Type Suburban
Population 11,695 1,241,860
Population Density 3,126 1,432
Median Age 42.3 41
People per Household 2.4 2.5
Median Household Income 63,876 73,369
Average Income per Capita 35,715 40,941