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425 Donavan Street

South Lyon, MI 48178
Square Ft.
20,656
$4,250,000
Fully stabilized 20-unit townhome community in South Lyon, built in 1960 across five buildings totaling approximately 20,656 SF. Unit mix includes 12 two-bedroom/one-bath units (975 SF) and 8 three-bedroom units (6 with one bath at 1,125 SF, 2 with two baths at 1,079 SF), each with its own private exterior… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Greater Development LLC.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multifamily
Square Ft.
20,656
Year Built
1960
MLS Number
20261075491
30 Days Snapshot Of 48178
$470k
-24%
(avg) sold price
51
-8%
homes sold
72
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 0
Building
20 total units, 19 leased units, 12 two-bedroom units, 8 three-bedroom units, Built in 1960, Architectural style: Townhouse, Brick, Vinyl, 20,656 total square feet, 20,656 combined square feet, Unit count: 20
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size dimensions: Irregular
Miscellaneous
Gross scheduled income: $366,840, Income projection: Actual, Monthly rental income: $30,570, Net operating income: $275,412, Operating expense: $96,945
Parking
40 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $21,372, Tax amount (winter): $9,159
Sewer
Sewer (Sewer-Sanitary)
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Mike Gar
Broker | Owner
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Schools In The Area

Check out nearby schools with ratings and contact info.
Frank E. Bartlett Elementary School 248-573-8300 Public KG-5
Millennium Middle School 248-573-8200 Public 6-8
South Lyon High School 248-573-8150 Public 9-12
Frank E. Bartlett Elementary School 248-573-8300 Public KG-5
Frank E. Bartlett Elementary School 248-573-8300 Public KG-5
Millennium Middle School 248-573-8200 Public 6-8
South Lyon High School 248-573-8150 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via PAVER Real Estate and Mike Gar, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via PAVER Real Estate and Mike Gar, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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