345 N Lafayette Street South Lyon, MI $ 979,000
345 N Lafayette Street
$ 979,000
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345 N Lafayette Street

South Lyon, MI, 48178
$ 979,000
Baths3.2 Sq 2,710

Monthly Estimate*

$ 6,507

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 $979,000 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.

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Multi-Family Active

Price

$ 979,000

Bedrooms

Studio

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 4,125

Style

Cape Cod,Colonial

Lot Size

3

Year Built

1900

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

20240018171

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 3
Fireplace 0
Street Suffix Street
Total Baths 3.20
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General
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street
Heating Forced Air Hot Water
Possession At Close
Pets Allowed Yes
Zoning Multi-Family Multiple Office Residential
Pool Y/N 0
Full Baths 3
Half Baths 2
Year Built 1900
Property Type Multifamily
Subdivision Name ASSR'S PLAT NO 2 - CITY OF SOUTH LYON
Transaction Type Sale
Basement Type Partially Finished
Status Active
Short Sale No
Construction Materials Aluminum Brick Other
Cumulative Days on Market 68
MLS Area South Lyon
Directions 2 homes/ buildings on West side of Pontiac Trail just S of RR Tracks past window company
City South Lyon
Terms Offered Cash Conventional
School District South Lyon
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name LAFAYETTE
Homestead 0
Total Sq Ft 2710
DOM 68
Taxes 4125.0000
Legal Description T1N R7E SEC 19 ASSESSOR'S PLAT NO 2 N 75 FT OF LOT 38
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Exterior
Waterfront 0
Lot Size Area 3.00
Water Source Public (Municipal) Water at Street
Foundation Basement
Lot Size Dimensions 188x345x317x462
Architecture Level 2 Story
Architecture Style Cape Cod Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Lance Shamoo

Listing Agent

Coldwell Banker Metro Real Estate

Broker

(248) 242-7282

Phone

Affordability Calculator

$6,850
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,507
Monthly Property Taxes
$344
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848882 Elementary School
848512 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 $979,000 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