Ironwood, MI 49938,414 Silver Street
Ironwood, MI 49938,414 Silver Street
Ironwood, MI 49938,414 Silver Street
52
$170,000
$199,000
14.6%
Est.Price: ?

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8 BD
4 BA
3,475 SqFt

414 Silver Street Ironwood, MI 49938

Est. payment /mo
SOLD DATE : 04/01/2024

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Key Details

Sold Price $170,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,475 sqft

Price per Sqft $48

Subdivision Mi

MLS Listing ID 50124893

Sold Date 04/01/24

Style 2 Story

Bedrooms 8

Full Baths 4

Year Built 1926

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 75x110

Property Description

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. Commercial building next door being sold as well. 408 Silver St. MLS # 50132296

Location

State MI

County Gogebic

Area Ironwood (27006)

Zoning Commercial

Rooms

Basement Stone

Interior

Interior Features Cable/Internet Avail., Hardwood Floors, Sump Pump

Heating Boiler

Cooling None

Fireplace No

Appliance Dryer, Freezer, Range/Oven, Refrigerator, Washer

Exterior

Exterior Feature Brick

Waterfront Yes

Building

Lot Description Deep Lot - 150+ Ft., Easement, Platted

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Ironwood Area Schools

Others

Ownership LLC

SqFt Source Measured

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by DOMITROVICH REALTY, INC
Bought with DOMITROVICH REALTY, INC

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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