25204 Franklin Terrace 6, South Lyon, MI 48178

$90,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 800 Status: Active
Current Price: $90,000 List Date: 1/06/2026 Last Modified: 2/18/2026

Description

Charming 2 bedroom, 2 full bath ranch in South Lyon. Colonial Acres is a 55+ community, set in the heart of South Lyon. Enjoy the convenience of a ranch home with a full finished basement and plenty of storage. The home features an enclosed patio for enjoying the seasons! Community amenities include an outdoor pool, clubhouse and community room with many scheduled community-wide events throughout the year. This is a fantastic opportunity for instant equity with just a few cosmetic updates. All buyers will need to be approved through the Coop and fill out an application in the main office, as part of the approval process. BATVAI

More Information MLS# 26000157

Location & Property Info

Unit #: 6 Cross Streets: Heritage & Franklin Property Sub-Type: Condominium Area: Oakland County - 70 Municipality: South Lyon City Subdivision: Colonial Acres 11 Mile Cooperative

Office/Contract Info

On-Market Date: 2026-01-06 Auction or For Sale: For Sale List Price/SqFt: 112.5 Ownership Type: Private Owned

General Property Info

New Construction: No Lot Dimensions: 0 Road Frontage: 0 Garage Y/N: No Waterfront: No Income Property: No Basement: Yes Condo Proj Name: Colonial Acres 11 Mile Cooperative Total Rooms AG: 8 Total Fin SqFt All Levels: 1500 SqFt Above Grade: 800 Below Grade Finished SqFt: 700 Below Grade Unfinished SqFt: 100 Building Total SqFt: 1500 Total Beds Above Grade: 2 Main Level Primary: Yes Stories: 1 School District: South Lyon Association YN: Yes Lot Measurement: Acres Year Built: 1978 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Tax Info

Taxable Value: 0 SEV: 0 For Tax Year: 2024 Seller's Annual Property Tax: 1215 Tax Year: 2024 Homestead %: 100 Spec Assessment & Type: 0

Remarks & Misc

Public Remarks: Charming 2 bedroom, 2 full bath ranch in South Lyon. Colonial Acres is a 55+ community, set in the heart of South Lyon. Enjoy the convenience of a ranch home with a full finished basement and plenty of storage. The home features an enclosed patio for enjoying the seasons! Community amenities include an outdoor pool, clubhouse and community room with many scheduled community-wide events throughout the year. This is a fantastic opportunity for instant equity with just a few cosmetic updates. All buyers will need to be approved through the Coop and fill out an application in the main office, as part of the approval process. BATVAI Legal: Colonial Acres Co-op building #22, Unit #6

Waterfront Options

Water Access Y/N: No

Street Type

Paved: 1 Public: 1

Utilities Attached

Cable Connected: 1 High Speed Internet: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public: 1

Terms Available

Cash: 1

Association Info.

Approx. Assoc Fee: 570 Assoc. Fee Payable: Monthly Association Phone: (248) 437-8907

Laundry Features

In Basement: 1 In Unit: 1

Assoc. Amenities

Clubhouse: 1 Meeting Room: 1 Pets Allowed: 1 Pool: 1

Exterior Material

Brick: 1

Assoc. Fee Incl.

Lawn/Yard Care: 1 Maintenance Structure: 1 Sewer: 1 Snow Removal: 1 Trash: 1 Water: 1

Roofing

Shingle: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Baseboard: 1

Air Conditioning

Wall Unit(s): 1

Access Feat

Accessibility Features: No

Upper Rooms

Total Baths Above Grade: 1

Main Rooms

Main Bedrooms: 2 Main Full Baths: 1 Main Level SQFT: 800

Lower Rooms

Lower Finished SQFT: 0 Total Lower SQFT: 0

Basement Rooms

Basement Full Baths: 1 Basement Finished SQFT: 700 Total Basement SQFT: 800

Substructure

Full: 1

Windows

Insulated Windows: 1

Pool

In Ground: 1 Outdoor: 1

Kitchen Features

Breakfast Nook: 1

Additional Items

Basement Finished: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Refrigerator: 1 Washer: 1

Exterior Features

3 Season Room: 1 Scrn Porch: 1

Patio and Porch Features

Porch(es): 1 Covered: 1 Enclosed: 1 Screened: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1

Architectural Style

Ranch: 1

Possession

Close Plus 30 Days: 1 Negotiable: 1

Location Property Info

County: Oakland Street #: 25204 Street Name: Franklin Suffix: Terrace State: MI Zip Code: 48178

OfficeContract Info

Status: Active List Price: $90,000 Current Price: $90,000 Listing Date: 2026-01-02

Remarks Misc

Directions: Heritage to Franklin Terrace

Property Features

Laundry Features: In Basement; In Unit Exterior Material: Brick Roofing: Shingle Windows: Insulated Windows Substructure: Full Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected Kitchen Features: Breakfast Nook Additional Items: Basement Finished Appliances: Dishwasher; Dryer; Oven; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Baseboard Air Conditioning: Wall Unit(s) Exterior Features: 3 Season Room; Scrn Porch Flooring: Carpet; Tile; Vinyl Patio and Porch Features: Covered; Enclosed; Porch(es); Screened Pool: In Ground; Outdoor Architectural Style: Ranch Street Type: Paved; Public Terms Available: Cash Possession: Close Plus 30 Days; Negotiable Sale Conditions: None

Room Information

Kitchen Length: 6.00 Length: 6.00 Width: 8.00 Level: Main Width: 8.00 Dining Room Length: 6.00 Length: 6.00 Width: 8.00 Level: Main Width: 8.00 Living Room Length: 11.00 Length: 11.00 Width: 18.00 Level: Main Width: 18.00 Family Room Length: 17.00 Length: 17.00 Width: 20.00 Level: Basement Width: 20.00 Laundry Level: Basement Primary Bedroom Level: Main Bathroom 1 Level: Main Bedroom 2 Level: Main Bathroom 2 Level: Basement
Listing Office: Howard Hanna Real Estate
Listing Agent: Tami Simpson
IDX
Last Updated: February - 18 - 2026
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