57951 Grand River Ave, Lyon Twp

$375,000

0 Beds
6 Baths
3,696 Sqft
1.07 Acres
0 Garages

Currently a home w/basement and five one-bedroom rental units attached.
B-2 zoning allows for many commercial and office uses ranging from financial institutions to fitness centers, also auto-related uses & fast food by special approval. Same uses as allowed in B-1 except for different setbacks and height requirements.Consist of one 3 BR SFR and 5 apartments
Current gross rents = $3,900, Potential gross rents = $4,850
Property is located across from Lyon Township office buildings and down the street from the proposed site of Amazon's logistics center.
On 2.2 acres, 2 parcels: Opportunity to build additional units
City water and sewer
Landlord pays gas and water, tenants cover electric
Roof is 3 years old
Property is in fairly good shape but a few items could be repaired
Gutter replace along one unit
Rotted wood on a few spots on the soffit
Bathroom in the SFR ceiling needs drywall replacement and patch, damage was due to water leak before the roof was replaced 3 yrs ago.

Essential Information
MLS® #2200023904
Price$375,000
Bathrooms6.00
Full Baths6
Square Footage3,696
Acres1.07
Year Built1940
TypeMultifamily
Sub-TypeUpper/Lower Apartment
StatusActive
Community Information
Address57951 Grand River Ave
Area02211-Lyon Twp
CityLyon Twp
CountyOakland
StateMI
Zip Code48165
Amenities
ParkingPaved
Interior
HeatingForced Air
Exterior
ExteriorBrick, Aluminum
FoundationBasement
School Information
DistrictSouth Lyon
Additional Information
ZoningMulti-Family
Listing Details
OfficeVylla Home
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