Iron River MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 2,160
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1916
- Baths:
- 2.00
- MLS#:
- 50159994
- Subdivision:
- .
ADDITIONAL INFORMATION
Discover this multi-family property with outstanding revenue potential. Whether you're looking to live in one unit and rent the other or rent both for maximum income, the choice is yours! This property offers flexible options for savvy investors or those ready to embrace the Upper Peninsula lifestyle. Picture yourself starting a new venture, generating steady income, or simply enjoying the scenic surroundings as a homeowner. With endless outdoor activities nearby and a welcoming community, you can live life to the fullest while securing a smart investment. Donâ??t miss out on this rare chance to own a piece of the UP and create a lifestyle youâ??ll love!
$64,500
832 7th Iron River, MI 49935
- Type:
- Multi-Family
- Sq.Ft.:
- 1,652
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- 50122722
- Subdivision:
- ..
ADDITIONAL INFORMATION
Whether you're looking for an investment property or a comfortable home with income potential, this duplex checks all the boxes. With two separate living units, this duplex provides an excellent opportunity for rental income or multi-generational living. Each unit offers 2 bedroom a full bathroom along with a spacious kitchen and living room. The property boasts a generously sized yard, perfect for gardening, entertaining, or family gatherings. There's ample space for children and pets to play, and you can even envision adding your own personal touches to create an oasis. This property is near one of the main the atv trails! Schedule a viewing today to experience the charm and possibilities this property has to offer!
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Iron River Real Estate
The median home value in Iron River, MI is $117,500. This is higher than the county median home value of $101,000. The national median home value is $338,100. The average price of homes sold in Iron River, MI is $117,500. Approximately 47.01% of Iron River homes are owned, compared to 25.97% rented, while 27.02% are vacant. Iron River 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 River real estate agent to arrange a tour today!
Iron River, Michigan has a population of 2,989. Iron River is less family-centric than the surrounding county with 11.41% of the households containing married families with children. The county average for households married with children is 13.34%.
The median household income in Iron River, Michigan is $39,775. The median household income for the surrounding county is $45,792 compared to the national median of $69,021. The median age of people living in Iron River is 42.7 years.
Iron River Weather
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 0.4 degrees. The average rainfall is approximately 30.5 inches per year, with 79.7 inches of snow per year.