INVESTMENT OPPORTUNITY! Are you looking to build equity? Take advantage of all this duplex has to offer starting with nearly 5 acres--340 feet of frontage--on one of the busiest sections of US 41 in the entire U.P. Even better, this property also adjoins the Iron Ore Heritage Trail. The best of both worlds; highway exposure & trail side. No wonder the Heritage Haus (sleeps 10) is a sought after vacation rental; close to everything! Home features 4032 square feet of remodeled living space. 4-5 bedrooms/2 baths on the Upper Level--and at $350 per night--s a lucrative short-term vacation rental. This space could easily become long-term or turn the entire home into a single residence. Ground level is another 3 bedroom apartment as well as spa/salon. Detached 32x20 propane heated garage for extra storage, or even a great space to rent bikes or repair snowmobiles. What a package: 2 homes and business space all under 1 roof with loads of parking. Home is on I beams and can be re-located. Back yard decks face the Iron Ore Heritage trail to hike, bike or snowmobile and the fire pit welcomes guests to gather to tell stories from the day's adventures. Imagine what this space can become by adding a wedding venue under the apple trees. This property capitalizes POTENTIAL!
Move in ready Duplex. Perfect for investment property or your personal home! Completely updated from top to bottom inside and out. With 1.5 car garage and long driveway.
The median home value in Negaunee, MI is $207,500. This is higher than the county median home value of $207,100. The national median home value is $338,100. The average price of homes sold in Negaunee, MI is $207,500. Approximately 77.72% of Negaunee homes are owned, compared to 16.6% rented, while 5.68% are vacant. Negaunee 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 Negaunee real estate agent to arrange a tour today!
Negaunee, Michigan has a population of 4,657. Negaunee is more family-centric than the surrounding county with 38.57% of the households containing married families with children. The county average for households married with children is 26.28%.
The median household income in Negaunee, Michigan is $57,145. The median household income for the surrounding county is $57,981 compared to the national median of $69,021. The median age of people living in Negaunee is 38.2 years.
The average high temperature in July is 77.5 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 32.5 inches per year, with 157.3 inches of snow per year.