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$ 334,990
Est. payment | /mo
4 Baths
1.73 Acres Lot
$ 334,990
Est. payment | /mo
4 Baths
1.73 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ironwood Twp
Subdivision Ironwood Twp
MLS Listing ID 50214401
Year Built 1937
Lot Size 1.730 Acres
Acres 1.73
Lot Dimensions 75359
Source MiRealSource
Property Description
Rare opportunity to own four side-by-side residences on approximately 1.75 acres in Ironwood, with each home already separately deeded and located on its own tax parcel. Whether you're looking to expand your investment portfolio, occupy the spacious 3-bedroom end unit while generating rental income from the others, or own a Northwoods getaway with built-in income potential, this property offers flexibility that is rarely available. Purchase all four as a package, or take advantage of the fact that each residence is already separately deeded on its own tax parcel, creating uncommon flexibility for future ownership strategies, subject to applicable municipal, financing, insurance, and utility requirements. The property includes three 2-bedroom, 1-bath units, each with a private basement, laundry hookups, a one-car garage, and a dedicated driveway. The larger end unit offers 3 bedrooms, 1 bathroom, a private basement with laundry hookups, a detached 2-car garage, and an additional storage shed. Property features include a newer roof, updated flooring, durable block construction, vinyl windows, public water and sewer, exterior repainting completed approximately three years ago, separate off-street parking, and excellent separation between the units. Tenants currently pay gas, electric, water/sewer, and trash, while the owner handles lawn care and snow removal. Located within easy driving distance of Big Powderhorn Mountain, Blackjack Mountain, Indianhead Mountain, Lake Superior, and extensive snowmobile and ATV trail systems, the property is attractive not only as an investment but also as a year-round recreational retreat with income-producing potential.
Location
State MI
County Gogebic
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Structure Type Block,Brick
Others
Tax ID 03-08-002-000; 03-08-002-100
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Listed by HomeCoin.com
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