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!
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!
The median home value in Iron River, MI is $123,750. 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 $123,750. 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.
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.