501 W Ridge Street Pending

Marquette,MI 49855

$ 240000

4 Beds

2 Baths

1470 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,470 sqft

Price per Sqft $163

Subdivision Mi

MLS Listing ID 50188109

Style Other/See Remarks

Bedrooms 4

Full Baths 2

Year Built 1885

Annual Tax Amount $1,947

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 50 x 49 x 50 x 49

Property Sub-Type Multi-Family

Property Description

This duplex must be sold together with the neighboring single-family home at 223 N Sixth St (MLS # 50188110). Well-maintained and very clean, the duplex offers rental potential of around $2,500 per month. When combined with the single-family home, this unique downtown package has the potential to generate over $4,300 per month while maintaining strong resale value with two separate buildings. Perfect for investors or owner-occupants looking for income and long-term value. This well-maintained, 1470 sq. ft. duplex offers the perfect blend of comfort and convenience, making it an excellent choice for investors or homeowners looking for additional income potential. Each unit features its own private entrance, spacious living areas, and modern amenities. All offers due Thursday, September 18th by 1 pm.

Location

State MI

County Marquette

Area Marquette (52016)

Zoning Residential

Rooms

Basement Block,Finished,Outside Entrance,Walk Out

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Heating Boiler,Hot Water,Radiator

Cooling None

Fireplace No

Appliance Dryer,Range/Oven,Refrigerator,Washer

Exterior

Exterior Feature Aluminum

Amenities Available Sidewalks,Street Lights

Building

Lot Description Sidewalks

Story Other/See Remarks

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

Elementary Schools Sandy Knoll Elementary School

Middle Schools Bothwell Middle School

High Schools Mshs Or Mahs, See Addendum

School District Marquette Area School District

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional,Conventional Blend

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