108 Princeton Drive, South Lyon, MI 48178

$129,000
2
BD
1
BA
698
SqFt

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List Price
$129,000
Days on Market
16
MLS#
20261053284
Status
ACTIVE
Type
Condo
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
698

Property Description

Turn-Key Investor Opportunity: Renovated & Cash-Flowing in South Lyon!Instant Returns & Zero Vacancy Risk! Expand your rental portfolio with this beautifully updated, low-maintenance condo. Currently occupied by a reliable tenant paying $1,150/month on a lease through February 2027, this property delivers immediate cash flow from Day One with no marketing or leasing delays!Freshly Renovated & Turnkey:Modern Upgrades: Enjoy immediate peace of mind with brand-new paint throughout and plush new carpeting.Kitchen & Laundry: Features a brand-new dishwasher, along with a convenient in-unit washer and dryer. All appliances stay with the home!Value-Packed Association & Lifestyle Perks:Utilities Included: Water is fully covered under the HOA dues, minimizing tenant utility concerns and simplifying your overhead.Pet-Friendly: Highly desirable, pet-friendly community—a massive selling point that dramatically expands your future tenant pool!Low-Maintenance: Well-maintained community with reasonable HOA dues covering snow removal, exterior maintenance, trash, and water.Parking: Features a dedicated covered carport.Prime Location:Ideally situated on the edge of vibrant downtown South Lyon! Tenants will love being within walking distance to popular locally owned restaurants, coffee shops, breweries, boutiques, and the seasonal Farmers Market.Whether you are looking for a hassle-free, income-generating gem or your first rental property, this renovated condo is a rare find. Schedule your showing today

Additional Information

Taxes
$2,300
HOA Fee
335
HOA Frequency
Monthly
Basement
Slab
Garage
Yes
Heating
Forced Air
School District
South Lyon
Sewer
Public Sewer
Stories
1
Style
Traditional
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kamaraju Vadrevu from Listing Office: Internet Real Estate, Inc.

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