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Off market
  • $253,800

    221 S Suffolk St, Ironwood, MI 49938

    --beds
    0baths
    4,500sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $253,800 Zestimate®
    $56/sqft
    $982 Estimated rent

    Home value

    $253,800

    $221,000 - $289,000

    $982/mo

    Zestimate® history
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    $1,696/mo

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    What's special

    Historic downtown Ironwood, Michigan 1900 Miners Mural Apartments and retail stores. Upstairs are (4) 1 bedroom/1 bath, (1) efficiency/1 bath, and (1) 2 bedroom/1bath apartments. The apartments have 12 ft. ceilings with large rooms. All of the double windows (18-22) were replaced in 2003. They are energy efficient with lower window that slides up and the upper window fixed. All have screens. We kept the original 1900 window casings. A separate laundry room with (2) coin operated washers and dryers. Refrigerator and stoves included in all units. Original 1900 woodwork. The building was upgraded at a cost of $ 120,000 in 2003. New electrical service, new carpeting, and paint. Downstairs are 3 retail store fronts (25'x60'). Can be operated as one or separated for various businesses. Currently the corner is Helping Hands furniture, thousands of vinyl records, antiques, electronics, collectibles. All inventory is included in the sale price. The downstairs basement is 4,500 square feet with 8 foot ceilings. Plenty of space for new ideas and new uses or to continue with the antiques and collectibles business. Separate electrical metering to the downstairs and upstairs apartments. These large downtown apartments are ideal for rental, or use to live in or rent out thru AirBNB. The apartments are all currently vacant. A new gas/steam boiler is needed with a cost of approximately $ 16,000 installed. There are original 24x24 tin rosette tiles on the ceiling in 2 of the retail stores. Very Motivated Seller!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 4,500 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Brick
    Lot
    • Size: 6,098 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Yes
    • Sewer: City

    Community & HOA

    Location
    • Region: Ironwood

    Financial & listing details

    • Price per square foot: $56/sqft

    Price history

    DateEventPrice
    5/28/2021Listing removed--
    Source: RE/MAX of Michigan Report a problem
    4/26/2021Pending sale$148,000$33/sqft
    Source: Upper Peninsula AOR #1122814 Report a problem
    11/23/2020Price change$148,000-7.4%$33/sqft
    Source: RE/MAX ACTION NORTH #1122814 Report a problem
    11/12/2020Price change$159,900-5.4%$36/sqft
    Source: RE/MAX ACTION NORTH #1122814 Report a problem
    9/11/2020Price change$169,000-3.4%$38/sqft
    Source: RE/MAX ACTION NORTH #1122814 Report a problem
    8/18/2020Listed for sale$175,000$39/sqft
    Source: RE/MAX ACTION NORTH #1122814 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49938

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ironwood

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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