Laurium MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,036
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1930
Baths:
2.00
MLS#:
50143462
Subdivision:
Village Of Laurium

ADDITIONAL INFORMATION

Investment Opportunity in Laurium! This is a 2 unit investment property. One of the units is one level with 2 bedrooms, 1 bathroom, kitchen, dining area and access to the basement with laundry area. The other unit is two levels with living area, eat-in kitchen with laundry area and enclosed front porch on the main level. Upstairs of this unit are 2 bedrooms and bathroom. Both units are leased through June 2025 for $600 per month plus tenants pay the the utilities. Landlord provides dumpster for trash service, snow removal and lawncare. Seller has had great rental occupancy history. Each unit has a refrigerator, oven/range, washer and dryer. Seller has done updates over the years to flooring, some windows and roof. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyerâ??s taxes will be the same as sellerâ??s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Prequalification letter or proof of funds required prior to scheduling a showing. Leases are through June 2025 and must transfer to buyer. Parking: Side of home and public/side of street.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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.



Laurium Real Estate

The median home value in Laurium, MI is $150,000. This is higher than the county median home value of $126,400. The national median home value is $338,100. The average price of homes sold in Laurium, MI is $150,000. Approximately 56.65% of Laurium homes are owned, compared to 19.84% rented, while 23.52% are vacant. Laurium 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 Laurium real estate agent to arrange a tour today!

Laurium, Michigan has a population of 1,860. Laurium is more family-centric than the surrounding county with 32.53% of the households containing married families with children. The county average for households married with children is 30.83%.

The median household income in Laurium, Michigan is $38,333. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Laurium is 38.4 years.

Laurium Weather

The average high temperature in July is 75.6 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 31.4 inches per year, with 207.6 inches of snow per year.

Laurium Real Estate Market Conditions

  • Median sales price

    $150,000
    18.2% change since last quarter
  • # Active listings

    6
    30-day change

Laurium Schools and Demographics

Education near Laurium, MI

Metric City County
High School Graduates 87.89 92.92
College Degree - 2 year 11.04 8.87
College Degree - 4 year 25.65 33.58
Graduate Degree 5.61 10.23
Expenditures per Student 13,180 13,180
Students per Teacher 16 16

Elementary Schools near Laurium, MI

School Grades Students P/T Ratio ZIP
Barkell Elementary School KG - 05 393 17.2 49930
C.L.K. Elementary School KG - 05 664 18.9 49913
Houghton Elementary School KG - 05 631 18.1 49931
Lake Linden-Hubbell Elementary School PK - 06 247 14.9 49945
T.R. Davis Elementary School KG - 06 177 22.7 49922

Middle Schools near Laurium, MI

School Grades Students P/T Ratio ZIP
Calumet High Early College 12 - 12 0 51.7 49913
Hancock Middle School 06 - 08 152 14.8 49930
Houghton Middle School 06 - 08 288 19.3 49931
Washington Middle School 06 - 08 349 15.9 49913

High Schools near Laurium, MI

School Grades Students P/T Ratio ZIP
Calumet High School 09 - 12 503 19.6 49913
Dollar Bay High School 07 - 12 160 18.8 49922
Hancock Central High School 09 - 12 264 15.7 49930
Houghton Central High School 09 - 12 451 16.1 49931
Lake Linden-Hubbell High School 07 - 12 238 17.4 49945

Ungraded Schools near Laurium, MI

School Grades Students P/T Ratio ZIP
Copper Country Learning Center KG - 12 82 9.1 49930

Demographics near Laurium, MI

Metric City County
Neighborhood Type
Population 1,860 37,485
Population Density 2,866 37
Median Age 38.4 32.8
People per Household 2.5 2.5
Median Household Income 38,333 48,623
Average Income per Capita 23,107 27,087