234 River Street • Ontonagon, MI 49953
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414 Silver, Ironwood, MI 49938 (Updated: 2023-11-30 04:02:07)

Property Details

50124893
MULTIFAMILY
Ironwood
$249,000
3475 ($71.65 / SqFt)
8
When considering this 3,475 sq ft 4 plex on the Montreal RIver, know that there is a housing shortage in Ironwood. 1 up 3 down. Thriving, month to month furnished rentals, hosting quiet professionals. Good Cap rate. Ideal location for walkability. Within 3 blocks is a grocery store, coffee shop with breakfast and lunch, a gas station, multiple bars and restaurants, a bank, a pharmacy, and the start of the Iron Bell walking trail/snowmobile trail. Next to the building the city plans to eventually have a walking trail along the river up to Norrie park. On the city owned riverfront lot next door, a perfect kayak launch. Contractor and experienced property manager, owner occupied for the past 5 years. Many updates and improvements. Plenty of parking, snow storage, on easement for adjacent lot 409 Cedar.
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General Information

MULTIFAMILY
Multi-Family
0.19
Montreal River
3475 ($71.65 / SqFt)

Dimensions

75x110

Agent

Listing provided by SHERI HIRVELA of DOMITROVICH REALTY, INC (906) 281-3124.

Features

Yes
No
East 3 Ft of Lot 10, Block 7 and all of Lots 11, 12 and 13 Block 7 Canal Company Add Deed
Ironwood (27006)
Yes


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