402 N Albany Street new

Ironwood,MI 49938

$ 140000

5 Beds

2 Baths

1972 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,972 sqft

Price per Sqft $70

Subdivision Mi

MLS Listing ID 50180439

Style 2 Story

Bedrooms 5

Full Baths 2

Year Built 1895

Annual Tax Amount $1,959

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 79x108

Property Sub-Type Multi-Family

Property Description

Investment or Owner-Occupant Opportunity! Don't miss this opportunity to own a large, two-story home with potential! This versatile property currently features two separate units with private entrances, making it ideal for owner-occupants, investors, or multi-generational living. Interior staircase allows for a seamless transition for a single or multi family home. Unit 1 (Main Floor) offers 2 bedrooms, 1 full bath, a cozy enclosed front porch, and an eat-in kitchen. Unit 2 (Upper Level) includes 3 bedrooms, 1 bath, a bonus room ideal for a home office, craft room, playroom and an updated kitchen with new cabinets/butcher block counters. Several updates have been done along with 3 new electrical panels. A unique bonus space – the property includes a former neighborhood grocery store that's been gutted and is ready for your vision! Use it as a workshop, garage, studio, home office, or convert it into additional living space. There's also a large deck and a one-car attached garage. Set on a corner lot in a friendly, quiet neighborhood with new roads and sidewalks, the property is just minutes from walking and motorized trails and close to downtown and the Wisconsin border, offering easy access for outdoor recreation. Whether you're looking for a dual rental income property, a spacious single-family conversion, or a place to live and work, this home may check those boxes!

Location

State MI

County Gogebic

Area Ironwood (27006)

Rooms

Basement Poured,Stone

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Heating Boiler

Cooling None

Fireplace No

Appliance Dryer,Range/Oven,Refrigerator,Washer

Exterior

Exterior Feature Cedar,Wood

Parking Features Attached Garage,Detached Garage

Garage Spaces 1.0

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Cedar,Wood

Schools

School District Ironwood Area Schools

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional

View More
Favorite Go Tour