Remarks

Investment Opportunity! Attractive fully furnished building with 5 total apartments of which 4 are 1 bedroom/1 bath units plus the third floor apartment which can be used as a 1 bedroom plus den or as a common area. All have separate entrances. Located within a short distance to Big Powderhorn Mountain Resort. Units 1-4 offer an open concept living room with free standing wood burning fireplace, kitchen with apartment size appliances, bedroom and full bath with patio doors to the deck. These units also have interlocking interior doors. Unit 1also offers a stackable washer/dryer. The third floor apartment is accessed via the back of the building. New flooring throughout this open concept space with kitchen, dining, living room, bedroom plus a den providing mountain views. There is a detached building with hot tub and changing area. Units 1-4 are serviced by natural gas heat and have separate electric meters. Private well, newer windows, beautiful wood beams and ceilings. Backyard setting is the perfect spot to unwind and enjoy nature on the deck or around the firepit. There is plenty of room for yard games too. Ample parking area. Seller had a brand new roof installed and a crawlspace dehumidifier system. All units have a new smart tv, some updated light fixtures along with updated decor and furnishings. There are so many possibilities to consider with this commercial building from long and/or short term rentals, to turning it into a condominium or keeping one unit for yourself while renting the others. Come take a look today and explore your possibilities in the U.P. Seller is a Licensed Real Estate Broker.

Details

MLS#: 50149807
Price: $248,900

Style: 5 or More Units
Sq Ft: 1920
Year Built: 1973

County: Gogebic
Lot Size: 88x133.5
Tax Fee: 2086.88