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About the Listing 106762 - UP2896,UP2894
Excellent 7-Unit Investment Opportunity with Garages & Scenic Setting Discover a versatile income-producing property featuring seven rental units, including a six-unit apartment building and a single-family rental home, complemented by four garage units, ample on-site parking, and additional parking located across the road. The apartment building offers a desirable mix of one- and two-bedroom, one-bathroom units designed to appeal to a wide range of tenants. Residents enjoy the convenience of coin-operated laundry facilities, private balconies, and peaceful wooded views. Nestled near a local ski area and arboretum, tenants frequently enjoy sightings of wildlife and the natural beauty that surrounds the property, creating a unique rental experience that sets these units apart. Adding further value is the three-bedroom, one-bathroom single-family home, featuring both a living room and a family room, providing ample space for comfortable living. The home also includes a full basement, a newer furnace, and updated electrical service, offering peace of mind for both owner and tenant. Situated in one of the area's more scenic neighborhoods, this property offers the perfect balance of tranquility and convenience. Residents enjoy easy access to grocery stores, college, shopping, recreation, and other everyday amenities while still benefiting from a peaceful, nature-filled setting. With multiple income streams, garage rental potential, strong tenant appeal, and a desirable location, this property presents an outstanding opportunity for investors seeking a stable and attractive addition to their portfolio.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Business Opportunity
MLS ®
50210048
Year Built
1900
Total Square Footage
0
Lot/Acreage
0.76
County
Gogebic
Area
Ironwood (27006)
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Wall/Window A/C
- Heating: Baseboard,Electric Heat,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Utilities Above Ground,Cleared
- Garage Capacity: N/A
- Lot Dimensions: 111x105& 156x137
- Zoning: Residential
- Roof: Asphalt
- Others: Deck/Patio,Garden Area
- Sewer: Public Sanitary
- Parking Features: 6-10 Spaces,Off Street,On Site,Parking Lot
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1114 N Douglas Ironwood, MI 49938
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