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    505 Garden Ln Fowlerville, MI 48836

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    For Sale
    $299,900

    Two-unit townhouse with separately metered utilities near downtown.

    Lot size:
    0.23 Acres

    Property Features for 505 Garden Ln

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1992

    Source: Century 21 Affiliated Agent Laura L Toms

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Unit Townhouse Style Investment Property

    This two-unit townhouse presents an opportunity for long-term investment. The property features townhouse-style units, each with 1.5 baths and an open living room/kitchen area that includes a doorwall to a deck. The first floor of each unit also contains a half bath, a laundry area, and access to the garage. The second floor of each unit has two bedrooms and a full bath. Ceiling fans are installed throughout. Most mechanicals and appliances have been replaced within the past 10 years, and a new refrigerator was installed in one of the units. All utilities, including water and sewer, are separately metered and paid by the tenants. The property is located a short distance from downtown, shopping, and local eateries. One unit is currently leased, allowing the new owner to set the monthly rate for the other unit. The property could also be suitable for an owner-occupant looking to live in one unit and lease the other.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fowlerville
    County
    Livingston
    State
    Michigan
    Longitude
    -84.07806
    Latitude
    42.655018

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      Fowlerville Industrial Space - Prime Location

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    FAQs

    What type of property is this?
    Duplex - Two-unit townhouse with separately metered utilities near downtown.
    Where is this duplex located?
    The property is located at 505 Garden Ln Fowlerville, MI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Solid 2-unit investment property, one unit vacant for immediate tenant placement.; - Townhouse-style units feature 2 bedrooms and 1.5 baths.; - Each unit has an open living room/kitchen area with doorwall to deck, laundry area, and garage access.
    (517) 294-0358
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    505 Garden Ln Fowlerville, MI 48836
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    Fowlerville, MI 48836
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 Garden Ln Fowlerville, MI 48836
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