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734-736-738 MICHIGAN AVENUE
ONTONAGON, MI 49953

$949,000
MLS# 50147190

 

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PROPERTY DESCRIPTION

Greenwood Apartments - Outstanding income producing apartment complex situated on 2.37 wooded acres within the Village on Ontonagon. This 24-unit, 3,360 sq. ft. apartment complex consists of 12 one-bedroom units offering 678 sq. ft., and 12 two-bedroom units offering 828 sq. ft. of living space. An extremely well-maintained building built in 1980 with many updates including but not limited to roof, windows, siding, etc. Each unit offers metered natural gas H/A heat, electricity, telephone, and cable/internet paid be each tenant. NOTE: This is a HUD Section 8 Housing program under contract until 2035 which offers tenant housing assistance and multiple owner advantages including funding. Great location in Ontonagon with walking distance to the school, golf course, and just a short distance to the downtown district and beautiful Lake Superior which offers miles of public beach access, and less than 15 miles to the west you'll find the Porcupine Mountains with all year recreational options including, hiking, skiing, camping, and panoramic views of Lake Superior and Lake of the Clouds.

 
LOCATION
734-736-738 MICHIGAN AVENUE
Ontonagon, MI 49953

County: Ontonagon

School District:

Property Tax Area: Ontonagon (66015)

Waterfront: No
Water View:
Shoreline:

Road Access: City/County,Paved Street,Year Round

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DETAILS
Business Type
Total Buildings
Total Building Square Feet 3360.00
Lot Dimensions 430x290
Year Built (Approx.) 1980
Status: Sale Pending
 
 
BUILDING & CONSTRUCTION

Foundation: Crawl

 

Basement: No

Construction: Asbestos,Hardboard,Shingle

Garage:

Fireplace:

 

Exterior: Deck/Patio

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Crawl

 

Basement: No

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Outside Storage,Sidewalks,Smoke/Fire Alarm

 

Natural Gas:

Sewer: Community

Water: Public Water,Community

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: None

Heat: Natural Gas: Forced Air

 

Supplemental Heat:

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
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* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Domitrovich Realty, Inc

Listing Agent:
Domitrovich, Gerald

 
 
 

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