Iron Mountain MI Multi Family for Sale
$187,900
1023 River Iron Mountain, MI 49801
- Type:
- Multi-Family
- Sq.Ft.:
- 1,221
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1980
- Baths:
- 2.00
- MLS#:
- 50153110
- Subdivision:
- None
ADDITIONAL INFORMATION
This beautifully renovated side-by-side duplex offers a modern living experience in each of its two units. Each unit features 2 spacious bedrooms, 1 full bathroom, and a convenient laundry area, making it perfect for comfortable living. The property also boasts a large attached garage for each unit, complete with overhead doors and upstairs storage, providing ample space for vehicle and additional belongings. The property is enhanced with a newer metal roof, ensuring durability and low maintenance. Currently generating a steady rental income of $1,900 per month, this duplex is a great investment. The seller covers the base utilities each month, including Wi-Fi, while renters are responsible for any overages. Don't miss out on this turnkey opportunity with reliable tenants and modern amenities!
$169,900
1025 River Iron Mountain, MI 49801
- Type:
- Multi-Family
- Sq.Ft.:
- 1,224
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1887
- Baths:
- 2.00
- MLS#:
- 50153112
- Subdivision:
- None
ADDITIONAL INFORMATION
This beautifully updated 1800s house has been thoughtfully converted into two distinct apartments, each offering modern amenities while preserving the charm of its historic roots. The main floor apartment excludes character with its spacious layout, featuring French doors that lead into a versatile sitting area or a second bedroom. The unit also includes a large living room, a well-equipped kitchen, an updated bathroom. The unit also includes a large living room, a well-equipped kitchen, an updated bathroom, and modernized electrical systems. With central air conditioning and a 2-car attached garage. this unit combines convenience with classic style. The upper-level apartment, accessible through a separate entrance, offers a cozy 1 bedroom, 1 bath layout. It includes a generous living room, dining room, and kitchen, all updated for contemporary living. Situated on a corner lot, the property benefits from a spacious-feeling yard, perfect for outdoor enjoyment. Located within walking distance to shopping, dining, and parks, this property is ideal for tenants seeking both comfort and convenience. The seller captures $1,300 per month in rental income, with base utilities and Wi-Fi included, while tenants cover any overages. This is a fantastic opportunity for those looking to invest in a property with character and steady income.
$155,000
100 W A Iron Mountain, MI 49801
- Type:
- Multi-Family
- Sq.Ft.:
- 6,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1920
- Baths:
- 8.00
- MLS#:
- 50151963
- Subdivision:
- Downtown Iron Mountain
ADDITIONAL INFORMATION
Investors listen up, here is your opportunity to purchase a rental property in downtown Iron Mountain. This property has space for both residential and commercial tenants. Currently the building is set up as 3 commercial units and 5- one bedroom apartments. There is a full basement accessible through 2 of the tenant units. in 2020 a new (used) boiler was installed and the main floor has central air. MSHDA approved with tenants currently enrolled in the program. Seller has proposed faced plans available for interested parties. The units that have stoves and refrigerators, these appliances will be included.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,260
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 50143521
- Subdivision:
- Hamilton & Merrimans 3rd Addition
ADDITIONAL INFORMATION
Northside Iron Mountain duplex for sale with both units being two bedroom one bathroom. Newer flooring is in both units. There is a front porch for the lower unit to enjoy, a back deck for the upper tenant, and off street parking in the back for both. Live in one unit and rent out the other or buy it and rent out both units as an investment!
$155,000
212 W Brown Iron Mountain, MI 49801
- Type:
- Multi-Family
- Sq.Ft.:
- 1,620
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1890
- Baths:
- 2.00
- MLS#:
- 50142265
- Subdivision:
- No
ADDITIONAL INFORMATION
Side by side duplex-Each unit has a garage-While the outside may need a touch of love the inside has new paint--new carpet--stove-Refrig-large living room-eat-in kitchen- generous bedrooms and full bath-Both units have both laundry hookups Unit 1 Master has 1/2 bath & AC Unit 2 has 1/2 bath on main level Great rental history--Or Make Unit 1 your primary and rent Unit 2 make your payment
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Iron Mountain Real Estate
The median home value in Iron Mountain, MI is $196,950. This is higher than the county median home value of $105,000. The national median home value is $219,700. The average price of homes sold in Iron Mountain, MI is $196,950. Approximately 60.84% of Iron Mountain homes are owned, compared to 26.75% rented, while 12.41% are vacant. Iron Mountain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Iron Mountain real estate agent to arrange a tour today!
Iron Mountain, Michigan has a population of 7,450. Iron Mountain is more family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 21.95%.
The median household income in Iron Mountain, Michigan is $45,575. The median household income for the surrounding county is $45,681 compared to the national median of $57,652. The median age of people living in Iron Mountain is 44.1 years.
Iron Mountain Weather
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 4.9 degrees. The average rainfall is approximately 29.8 inches per year, with 58.4 inches of snow per year.