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For sale
  • $129,000

    108 Princeton Dr, South Lyon, MI 48178

    2beds
    698sqft
    : 
    $1,313/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $127,000 Zestimate®
    $185/sqft
    $335/mo HOA

    What's special

    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
    12 days
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    146
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kamaraju Vadrevu 248-349-7676,

    Internet Real Estate, Inc 248-349-7676

    Source: Realcomp II,MLS#: 20261053284MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Entry
      • Area: 110
      • Dimensions: 11 X 10
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Other
      • Level: Entry
      • Area: 60
      • Dimensions: 10 X 6
      Dining room
      • Level: Entry
      • Area: 81
      • Dimensions: 9 X 9
      Kitchen
      • Level: Entry
      • Area: 36
      • Dimensions: 6 X 6
      Laundry
      • Level: Entry
      • Area: 72
      • Dimensions: 12 X 6
      Living room
      • Level: Entry
      • Area: 169
      • Dimensions: 13 X 13
      Heating
      • Forced Air, Natural Gas
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 698 sqft
      • Finished area above ground: 698

      Property

      Parking
      • Total spaces: 1
      • Parking features: One Car Garage, Covered, Detached, Carport
      • Garage spaces: 1
      • Has carport: Yes
      Features
      • Levels: One Story Up
      • Stories: 1
      • Entry location: GroundLevelwSteps
      Details
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Half Duplex,75,Traditional
      • Property subtype: Condominium
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1974
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $335 monthly
      Location
      • Region: South Lyon

      Financial & listing details

      • Price per square foot: $185/sqft
      • Tax assessed value: $16,000
      • Annual tax amount: $2,300
      • Date on market: 7/12/2026
      • Cumulative days on market: 12 days
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional

        Estimated market value

        $127,000

        $121,000 - $133,000

        $1,234/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$129,000+14.3%$185/sqft
        Source: Realcomp II #20261053284 Report a problem
        1/1/2026Listing removed$112,900$162/sqft
        Source: Realcomp II #20251022097 Report a problem
        10/26/2025Price change$112,900-2.3%$162/sqft
        Source: Realcomp II #20251022097 Report a problem
        10/6/2025Price change$115,500-0.4%$165/sqft
        Source: Realcomp II #20251022097 Report a problem
        7/31/2025Listed for sale$116,000+16%$166/sqft
        Source: Realcomp II #20251022097 Report a problem
        7/31/2025Listing removed$1,250$2/sqft
        Source: Zillow Rentals Report a problem
        7/28/2025Listed for rent$1,250$2/sqft
        Source: Zillow Rentals Report a problem
        5/1/2025Listing removed$1,250$2/sqft
        Source: Zillow Rentals Report a problem
        12/16/2024Listed for rent$1,250$2/sqft
        Source: Zillow Rentals Report a problem
        1/24/2024Sold$100,000-4.8%$143/sqft
        Source: Realcomp II #20230106276 Report a problem
        1/12/2024Pending sale$105,000$150/sqft
        Source: Realcomp II #20230106276 Report a problem
        1/2/2024Listed for sale$105,000$150/sqft
        Source: Realcomp II #20230106276 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48178

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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