GREAT INVESTMENT AND INCOME PROPERTY IN DOWNTOWN SOUTH LYON! 3 TOTAL UNITS. UNIT #1 - 1 BED 1 BATH ENTRY LEVEL WITH BASEMENT AND LAUNDRY HOOKUP Rented. UNIT #2 - Efficiency ENTRY LEVEL STUDIO (OCCUPIED). UNIT #3 - 3 BED 1 BATH SECOND LEVEL (OCCUPIED). PLENTY OF OUTDOOR PARKING SPACE FOR TENANTS. UNIT 1 & UNIT 2 SHARE UTILITY METERS and tenant split the bill 60/40. UNIT 3 IS ON IT�S OWN METER. EACH UNIT HAS PRIVATE ENTRY. GREAT LOCATION JUST TWO BLOCKS FROM LAFAYFETTE ST! EASY TO RENT! PRIME COMMUTING LOCATION TO MANY LOCAL Restaurants, Bars, Shopping. Agents see agent remarks for more details
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.
South Lyon is located in Michigan. South Lyon, Michigan has a population of 11,695. South Lyon is more family-centric than the surrounding county with 39.49% of the households containing married families with children. The county average for households married with children is 33.38%.
The median household income in South Lyon, Michigan is $63,876. The median household income for the surrounding county is $73,369 compared to the national median of $57,652. The median age of people living in South Lyon is 42.3 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33.4 inches per year, with 57.3 inches of snow per year.
