517 W Victory

Newberry, MI 49868
  • $159,000

    Price
  • 3

    Bed
  • 1

    Bath
  • 1,128

    SqFt

About the Listing 114052 - UPanci,UPtafu

Welcome to 517 West Victory Way, a charming Cape Cod-style home nestled on a spacious 2.31-acre parcel just outside of the Village of Newberry. This inviting three-bedroom, one-bath home offers 1,128 square feet of comfortable living space, blending classic character with everyday functionality. Inside, you'll find a warm and welcoming layout with a beautiful bay window pouring in natural light, creating a comfortable place to call home. The detached two-car garage adds convenience and the expansive lot offers room to garden, play, or just enjoy the outdoors. All while being close to local amenities. And here's what makes this listing especially compelling! The adjoining second residence at 517 1/2 is included in the sale. Together on one parcel, this rare two-home setup offers possible rental income, space for extended family, or a smart owner-occupant investment strategy. Live in one, rent the other. It's a unique opportunity with flexibility and long-term upside! 517½ West Victory Way adds a practical second residence to this unique two-home property. This approximately 960-square-foot, two-bedroom home offers a comfortable layout suited for long-term rental use, extended living arrangements, or additional workspace. Its separate entrance and residential setting give occupants the feel of a stand-alone home while remaining conveniently located near Newberry amenities. Currently used as a full-time rental, 517½ provides established income potential from the start. The tenant is presently on a lease arrangement, giving a new owner flexibility to continue the rental relationship, adjust future terms subject to applicable law, or incorporate the home into another long-term ownership plan. Buyers should verify lease terms, rental income, deposits, and occupancy details during due diligence. Both 517 and 517½ are located on the same parcel and are being sold together. Utilities are interconnected and metered through 517, making this a distinctive investment opportunity for an owner seeking two residences in one transaction. Live in the main home while continuing to rent the second, or operate both as long-term rentals for added potential. Information is deemed reliable but not guaranteed. Buyers and buyers’ agents should independently verify all information, including square footage, room dimensions, acreage, taxes, property boundaries, utilities, zoning, permitted use, rental status, and the condition of all structures and systems. Property is offered in compliance with federal, state, and local fair housing laws

Listing Highlights

Status Active
Days on Site 15
Property Type Residential
MLS ® 50215347
Year Built 1948
Total Square Footage 1,128
Lot/Acreage 2.31

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer, Negotiable (Appliances)
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1128
  • Below Ground Sq Ft: 0
  • Basement: Block,Unfinished
  • Other: Bay Window
  • Water: Public Water

Exterior Details

  • Garage Capacity: 2 car
  • Lot Dimensions: 2.31 acres
  • Roof:
  • Others: None (ExteriorFeatures)
  • Sewer: Septic
  • Parking Features: Off Street

Financial Details

  • Tax Amount: $2,110
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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517 W Victory Newberry, MI 49868

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Originating MLS: Upper Peninsula Assoc of Realtors

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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