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1114 N DOUGLAS BOULEVARD
IRONWOOD, MI 49938

$399,000
MLS# 50211089

 

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PROPERTY DESCRIPTION

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
1114 N DOUGLAS BOULEVARD
Ironwood, MI 49938

County: Gogebic

School District: Ironwood Area Schools

Property Tax Area: Ironwood (27006)

Waterfront: No
Water Features:

Road Access:

MAP BELOW

 
DETAILS
Total Buildings
Number of Units 7.00
Total Building Square Feet 4960.00
Acres (Approx.) 0.76
Lot Dimensions 111x105& 156x137
Year Built (Approx.) 1970
Status: Active
 
 
ADDITIONAL DETAILS
Number of Levels 2 Story
 
BUILDING & CONSTRUCTION

Foundation: Basement,Crawl

 

Basement: Block,Other

Exterior: Sidewalks,Street Lights,Exterior Balcony,Garden Area

Garage: Detached Garage,Electric in Garage,Gar Door Opener,Off Street

Fireplace:

 

Accessibility:

Green Features:

 

Basement: Block,Other

     

Construction Features:
Vinyl Siding,Wood

 
UTILITIES, HEATING & COOLING

Sewer: Public Sanitary

Water: Public Water

     

Heat: Electric,Natural Gas: Electric Heat,Forced Air

 

Air Conditioning: Ceiling Fan(s),Wall/Window A/C

     
 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
*
* 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:
The Real Estate Store

Listing Agent:
Wyssling, Ellen

 
 
 
 

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REAL ESTATE

Search MLS Properties
Today's New Listings

Featured Listings
Land Contract Properties

 

JOURNALS, MEDIA
& MORE

Pic of the Day
Josh's Journal

Property Tax Estimator
Snowfall Total Contest

WEBCAMS

Houghton  Webcam
Bald Eagle Cam
Duluth Canal Cam
Mackinaw Bridge Cam

MTU Campus Cam

HUNTING &
FORESTRY

U.P. Deer Blind
Northwoods Forest Mgmt.

 

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