Farmington Homes with 1031 Exchange Financial terms

Farmington Homes with 1031 Exchange Financial terms

Welcome to Farmington, Michigan – a vibrant city nestled in the heart of Oakland County, where charming neighborhoods meet modern amenities. Known for its rich history and strong sense of community, Farmington offers residents a perfect blend of suburban tranquility and urban convenience. With a variety of parks, excellent schools, and a bustling downtown area, it’s no wonder that Farmington is a sought-after destination for families, professionals, and retirees alike.

The city boasts a diverse array of homes, from quaint bungalows to contemporary townhouses, catering to various lifestyles and budgets. One of the most appealing financial strategies for potential homeowners and investors in Farmington is the 1031 Exchange. This tax-deferral strategy allows property owners to sell one investment property and reinvest the proceeds into another like-kind property, all while deferring capital gains taxes. This can be a powerful tool for real estate investors looking to grow their portfolios without the immediate tax burden.

Farmington’s real estate market is thriving, making it an ideal place to explore these financial opportunities. Whether you’re looking to purchase your first home or expand your investment portfolio, understanding the benefits of a 1031 Exchange can empower you to make informed decisions. With its welcoming atmosphere and promising property values, Farmington is not just a place to live; it’s a community where you can thrive. Explore your options in this charming city and discover the home that’s perfect for you!

Newest Farmington Homes with 1031 Exchange Financial terms

$399,768
ACTIVE Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 61012690 MLS
NEW CONSTRUCTION | IMMEDIATE OCCUPANCY | THE PREMIER ADDRESS OF DOWNTOWN FARMINGTON Hillside Townes, Downtown Farmington's most sought-after new community, offers the perfect blend of modern comfort, convenience and maintenance-free living. These urban-style townhomes present a rare opportunity to live right in the heart of one of the nation's most vibrant and growing downtown districts, with easy access to M-5, I-696, and I-275. Designed for today's elite lifestyle, this 1,327 sq. ft. townhome features 2 bedrooms, 2.5 baths, a 1-car attached garage prepped for EV charging, private patio, second level balcony, and flexible bonus space ideal for a home office, fitness room, or media lounge. The open-concept main living level is bright and airy with 9 ft ceilings. The designer kitchen showcases a large island, soft-close cabinetry, stainless steel appliances, and electric fireplace with stone surround - beautiful finishes that elevate everyday living. Retreat to the private primary suite featuring *two* walk-in closets and primary bath with ceramic tile and walk-in shower. *listing may include photos of the furnished model* A perfect location, just steps from acclaimed dining, boutique shopping, fitness studios, artisan coffee shops, entertainment, and community gathering spaces. Enjoy an active lifestyle with direct access to Shiawassee Park with softball and *pickleball courts* on Upper River Rouge, summer weekly concert series downtown, our famous Farmers' Market, seasonal festivals, and *winter skating* at Riley Park, the centerpiece of downtown Farmington. Enjoy all the benefits of a low-maintenance, lock & leave lifestyle, with HOA-covered exterior and roof maintenance, as well as water, sewer, landscaping, trash & snow removal, giving you more time to enjoy everything downtown has to offer. Furnished model open daily for self-guided tours! Location. Lifestyle. Hillside Townes is the premier way to live in Downtown Farmington.

23611 Trailview Lane Unit 32, Farmington

Listing Courtesy of Robertson Brothers Company, Office Phone: 248-644-3460
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