414 Silver Ironwood, MI 49938
Listing Courtesy of: MIREALSOURCE / Domitrovich Realty, Inc

  414 Silver Ironwood, MI 49938

Active (191 Days)
$199,000
8
BED
4
BATH

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. Plenty of parking, snow storage, on easement for adjacent lot 409 Cedar. Commercial building next door being sold as well. 408 Silver St. MLS # 50132296

MLS #:
50124893
Lot Size
8,276 SQFT
Type
Multifamily
Year Built
1926
Style
2 Story
School District
Ironwood Area Schools
County
Gogebic County

Listed By

Sheri Hirvela, Domitrovich Realty, Inc
Source
MIREALSOURCE
Last checked Feb 22 2024 at 5:53 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Sump Pump
  • Hardwood Floors
  • Cable/Internet Avail.
Subdivision
  • Unknown
Lot Information
  • Platted
  • Easement
  • Deep Lot - 150+ Ft.
Property Features
  • Foundation: Basement
Heating and Cooling
  • Boiler
  • None
Basement Information
  • Stone
Exterior Features
  • Brick
Utility Information
  • Utilities: Public Water
  • Sewer: Public Sanitary
  • Fuel: Natural Gas
Parking
  • 3 or More Spaces
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 19, 2024
Price Changed
$199,000
-9%
-20,000
Jan 02, 2024
Price Changed
$219,000
-12%
-30,000
Oct 12, 2023
Original Price
$249,000
-
-
Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38