711 Cattail Lane Putnam Twp, MI $ 2,850,000
711 Cattail Lane
$ 2,850,000
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711 Cattail Lane

Putnam Twp, MI, 48169
$ 2,850,000
Baths24.0 Sq 20,400

Monthly Estimate*

$ 17,548

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Studio

Multi-Family Home for sale in Putnam Twp, MI

for $2,850,000 with 24 full baths. This 20,400 square foot home was built in 2003 on a lot size of 1.02.

The 12-unit Village Commons townhome community in Livingston County is offered in combination with the apartments at 240 Park Street, located approximately one mile away, creating a 44-unit multifamily investment opportunity. Village Commons consists exclusively of three-bedroom, two-bath townhomes featuring attached garages, private entrances, and in-unit laundry. The community is currently 100% occupied. Average rents are estimated to be approximately 35% to 40% below the cost of comparable single-family homeownership within the Livingston County market, supporting continued rent growth and long-term demand from residents seeking the space and privacy of a home at a more attainable monthly cost.

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Multi-Family Active

Price

$ 2,850,000

Bedrooms

Studio

Full Bath

24

Property Type

Multi-Family

Taxes

$ 42,269

Style

Lot Size

1.02

Year Built

2003

Town/City

Putnam Twp

County/Region

Livingston

MLS | Web ID

20261010920

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Other
Pool Features None
Construction Materials VinylSiding
Pets Allowed Call
Year Built 2003
Levels Two
Property Subtype MultiFamily
County Livingston
Net Operating Income 212882.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Rent Includes MaintenanceOffSite Sewer SnowRemoval TrashCollection Water YardMaintenance
Full Baths 24
Status Active
Directions North of M36 West of D-19
City PutnamTownship_Livingston
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Pinckney
Zoning Description Residential
Number Of Units Total 12
MLS Area Area01141PutnamTwp
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 12
Land Lease Y/N N
Tax Annual Amount 42269.78
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 161390
Expected Active Date 2026-02-23
Legal Description 14-23-200-013 SEC 23 T1N R4E COMM E 1/4 COR TH N03*22'08 W 181.21 FT TH S83*54'30 W 1301.62 FT TH N03*34'43 W 973.40 FT TO POB. TH N03*34'43 W 267.92 FT TH N88*05'21 E 183.65 FT TH S00*23'33 E 243.01
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Exterior
Water Source Well
Foundation Details Slab
Spa N
Lot Dimensions 267 x 183 x 243
Lot Size Acres 1.02
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 20400.0
Half Baths 0
Laundry Features InUnit
Above Grade Finished Area Unit Type SquareFeet
Total Baths 24
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Internal Only
Street Number 1 711
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* Excluded Features
List By
Michael McClafferty

Listing Agent

Oakpointe Real Estate Advisors

Broker

(248) 972-7040

Phone

Affordability Calculator

$21,070
Per Month
83%
17%
0%
Monthly Principal & Interest
$17,548
Monthly Property Taxes
$3,522
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848720 Elementary School
848607 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$2,850,000 Listed Price

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711 Cattail Lane, Putnam Twp, MI, 48169 is a Multi-Family Home for sale at $2,850,000 with 20,400 sqft and a lot size of 1.02. 711 Cattail Lane is a studio with 24.0 baths and was built in 2003. The property's zip code is 48169 which is in Putnam Twp, MI