57035 Bonne Terre, New Hudson, Michigan

$699,990

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4

Baths

2,072

Square feet

0.72

Acres

About 57035 Bonne Terre

Rare Quadplex Investment Opportunity – Fully Rented & Ideally Located!Excellent opportunity to own a fully rented 4-unit multifamily property in a high-demand area. This well-maintained community includes two 1-bedroom/1-bath units and two 2-bedroom/1-bath units - all ranch-style homes with smart, efficient layouts. Each unit is on a month-to-month lease, offering flexibility for future rent adjustments or redevelopment. Tenants enjoy private carports, a shared laundry facility, and spacious yards that back to a peaceful creek - a unique and appealing setting. The current owner has been top-notch with ongoing maintenance, ensuring the homes remain clean, functional, and easy to rent. Two tenants are long-term, and thanks to the location and overall condition, rental demand remains strong. Current rents are below market due to long-standing tenant relationships, presenting immediate upside potential for a new owner. Zoned multifamily with the township, the property offers expansion potential, such as adding additional units, increasing density, or reconfiguring existing structures for higher-value use (subject to township approval). With all ranch-style homes and utilities already in place, future development is more accessible and cost-effective. This is a turn-key investment with built-in value-add potential - perfect for both seasoned investors and those looking to grow their portfolio with a reliable, income-producing asset. *Please Do Not Walk this Property Without Showing Confirmation*

Features of 57035 Bonne Terre

MLS® # 60403292
Price $699,990
Bathrooms 4.00
Full Baths 4
Square Footage 2,072
Acres 0.72
Year Built 1965
Type Multifamily
Style Ranch
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 57035 Bonne Terre
Area Lyon Twp
City New Hudson
County Oakland
State Michigan
Zip Code 48165

Amenities

Amenities Laundry Facility, Private Entry
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Cooling Window Unit(s)
Fireplace No
Structure Style 1 Story

Exterior

Foundation Crawl

School Information

District South Lyon Community Schools

Additional Information

Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Town & Country

Listing Map

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