$699,990

57035 Bonne Terre New Hudson, MI 48165

Estimated payment $4,012/month

Total Views 9,457
6 Beds
4 Baths
2,072 Sq Ft
$338 Price per Sq Ft

Highlights

  • Home fronts a creek
  • Ranch Style House
  • Baseboard Heating
  • South Lyon East High School Rated A-
  • Entrance Foyer
  • Private Entrance

About This Home

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*

Listing Agent

Christine Tiderington

Coldwell Banker Town & Country License #6506047815 Listed on: 06/16/2025

Coldwell Banker Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965 | Remodeled in 2010

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 106 x 244 x 170 x 234
  • Home fronts a creek
  • Property fronts a private road
  • Property fronts an alley
  • Private Entrance

Parking

  • 8 Parking Spaces

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,072 Sq Ft Home
  • Entrance Foyer
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2104477015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,401

Year Built

Built in 1965 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1965
  • State Equalized Value: 121120.0000
  • Year Renovated: 2010
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Laundry Facility, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 2072
  • Total Sq Ft: 2072

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry
  • Frontage Feet: 106
  • Road Frontage Type: Private, Alley
  • Waterfront Description: Creek

Garage/Parking

  • MF Parking: Carport
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 14200.00

Schools

  • School District: South Lyon

Lot Info

  • Lot Size Area: 0.72
  • Lot Dimensions: 106 x 244 x 170 x 234
  • Parcel Number: 2104477015
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Water/Sewer, Water, Yard Maintenance
  • Monthly Rental Income: 3685

Tax Info

  • Tax Amount Summer: 2764.6600
  • Tax Amount Winter: 636.2700
  • Total Tax: 3400.9300
  • Taxable Value: 69830.0000

Multi Family

  • Gross Scheduled Income: 44220.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 3

MLS Schools

  • School District: South Lyon

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,272 $121,120 $0 $0
2023 $2,911 $107,450 $0 $0
2022 $2,911 $96,700 $0 $0
2021 $2,911 $93,790 $0 $0
2020 $2,883 $88,000 $0 $0
2019 $2,872 $83,320 $0 $0
2017 $0 $77,320 $0 $0
2016 $0 $74,170 $0 $0
2015 -- $68,960 $0 $0
2014 -- $61,080 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $699,990 -- $338 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Realcomp

MLS Number: 20251007724

Realcomp

APN: K -21-04-477-015