57035 Bonne Terre, New Hudson, MI 48165 – MLS#60403292

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Place Perfect Realty

homes@placeperfect.com +1(920) 956-9061

$ 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 â€“ 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

"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

57035 Bonne Terre New Hudson, MI 48165