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 Houghton County

 Ontonagon County

 Baraga County

 Keweenaw County

 Iron County

 Gogebic County

1114 N Douglas Boulevard

Ironwood, MI 49938

$399,000

MLS# 50210048

LISTING STATUS

Active

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Excellent 7-Unit Investment Opportunity with Garages & Scenic Setting Discover a versatile income-producing property featuring seven rental units, including a six-unit apartment building and a single-family rental home, complemented by four garage units, ample on-site parking, and additional parking located across the road. The apartment building offers a desirable mix of one- and two-bedroom, one-bathroom units designed to appeal to a wide range of tenants. Residents enjoy the convenience of coin-operated laundry facilities, private balconies, and peaceful wooded views. Nestled near a local ski area and arboretum, tenants frequently enjoy sightings of wildlife and the natural beauty that surrounds the property, creating a unique rental experience that sets these units apart. Adding further value is the three-bedroom, one-bathroom single-family home, featuring both a living room and a family room, providing ample space for comfortable living. The home also includes a full basement, a newer furnace, and updated electrical service, offering peace of mind for both owner and tenant. Situated in one of the area's more scenic neighborhoods, this property offers the perfect balance of tranquility and convenience. Residents enjoy easy access to grocery stores, college, shopping, recreation, and other everyday amenities while still benefiting from a peaceful, nature-filled setting. With multiple income streams, garage rental potential, strong tenant appeal, and a desirable location, this property presents an outstanding opportunity for investors seeking a stable and attractive addition to their portfolio.

Location

SCHOOL DISTRICT

COUNTY

Gogebic

WATERFRONT

No

PROPERTY TAX AREA

Ironwood (27006)

ROAD ACCESS

City/County, Paved Street, Year Round

BUSINESS TYPE

Apartment Bldg

TOTAL BUILDING SQ FT

0.00

ACRES (APPROX.)

0.76

LOT DIMENSIONS

111x105& 156x137

YEAR BUILT (APPROX.)

1900

ZONING

Residential

Utilities

HEATING

Natural Gas: Baseboard, Electric Heat, Forced Air

UTILITES

Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Internet Fiber Available, Internet Spectrum

AIR CONDITIONING

Ceiling Fan(s),Wall/Window A/C

SEWER

Public Sanitary

WATER

Public Water

Building & Construction

EXTERIOR CONSTRUCTION

Vinyl Siding, Wood

FOUNDATION

Crawl

EXTERIOR FEATURES

Deck/Patio, Garden Area

COMMERCIAL FEATURES

110 Volt Power, 220 Volt Power, Bath, Cable Internet Installed, Cable TV Available, Cafe/Kitchen, Carpet, Ceramic Floor, Flr Thickness: 4+ - 6 In., Living Quarters, Living Quarters Attached, Occupied, Overhead Doors, Telephone, Vinyl/Laminate Floors

PARKING

6-10 Spaces, Off Street, On Site, Parking Lot

 

Listing Details

LISTING OFFICE

The Real Estate Store

LISTING AGENT

Wyssling, Ellen

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