Courtesy: Liberty Way Realty
James Gillen
248-935-2309
Investor opportunity in the heart of Oakland County with lake privileges to Lake Orion. This multi-family property offers a rare chance to own a side-by-side duplex featuring each with 2 bedrooms and 1 bathroom. Built on a slab foundation, the structure provides a straightforward layout and low-maintenance footprint, making it an attractive option for rehabbers or long-term investors. The property does require significant updates and repairs throughout, offering strong upside potential for value-add improvements or a full renovation strategy. Located within a desirable lake-access community, residents enjoy privileges to Lake Orion, adding lifestyle appeal that can help drive rental demand or future resale value. With its flexible layout, investment potential, and sought-after location, this property is ideal for those looking to build equity through renovation or expand a rental portfolio in a waterfront community setting.
Investor opportunity in the heart of Oakland County with lake privileges to Lake Orion. This multi-family property offers a rare chance to own a side-by-side duplex featuring each with 2 bedrooms and 1 bathroom. Built on a slab foundation, the structure provides a straightforward layout and low-maintenance footprint, making it an attractive option for rehabbers or long-term investors. The property does require significant updates and repairs throughout, offering strong upside potential for value-add improvements or a full renovation strategy. Located within a desirable lake-access community, residents enjoy privileges to Lake Orion, adding lifestyle appeal that can help drive rental demand or future resale value. With its flexible layout, investment potential, and sought-after location, this property is ideal for those looking to build equity through renovation or expand a rental portfolio in a waterfront community setting.
Lake Orion is located in Michigan. Lake Orion, Michigan has a population of 2,920. Lake Orion is more family-centric than the surrounding county with 42.41% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Lake Orion, Michigan is $90,750. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Lake Orion is 42.6 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 32.3 inches per year, with 37.1 inches of snow per year.
