Five apartmentsFunctional floor plansConvenient on-site laundry room
Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!
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Zillow last checked:
Listing updated:
Listed by:
CRAIG HEINONEN906-231-3635,
COLDWELL BANKER SCHMIDT REALTORS906-225-5992
Source: MiRealSource,MLS#: 50215790Originating MLS: Upper Peninsula Assoc of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1
Heating
Hot Water
Cooling
Wall/Window Unit(s)
Appliances
Included: Range/Oven, Refrigerator, Gas Water Heater
Laundry: Common Area
Features
Basement: Stone
Has fireplace: No
Interior area
Total structure area: 3,776
Total interior livable area: 3,776 sqft
Property
Parking
Total spaces: 3
Parking features: 3 or More Spaces, Driveway
Features
Levels: One and One Half
Stories: 1.5
Exterior features: Sidewalks, Street Lights
Waterfront features: None
Frontage length: 100
Lot
Size: 0.28 Acres
Dimensions: 100 x 120
Features: Sidewalks
Details
Parcel number: 04410900200
Zoning: Corridor Mixed-Use
Zoning description: Commercial
Special conditions: Private,Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Cedar
Foundation: Basement, Stone
Condition
Year built: 1900
Utilities & green energy
Gas: Natural Gas
Sewer: Public Sanitary
Water: Public
Utilities for property: Cable/Internet Avail.
Community & HOA
Community
Features: Grounds Maintenance, Sidewalks, Street Lights, Private Entry
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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