Skip main navigation
Sold for $278,500
  • $278,500

    250 E Water St, Negaunee, MI 49866

    9beds
    5baths
    3,360sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $351,100 Zestimate®
    $83/sqft
    $1,222 Estimated rent

    Home value

    $351,100

    $316,000 - $393,000

    $1,222/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,222/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,222/mo

    Rent Zestimate®

    Refinance and save

    $1,776/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,776/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    **All offers due by July 28th at Noon with a response by next day** Check out this investment opportunity in the city of Negaunee!! Five units and always rented. Long term tenants with yearly leases. Four of the five units have 2 bedrooms, living room, eat in kitchen and 1 bath. Laundry hook-ups in these units. Tenants pay their own utilities (electric heat and water/sewer). Unit 5 faces the street and is a one bedroom, 1 bath (new) efficiency apartment with open kitchen (with pantry) and living area. Ample closet space in each unit. Units 1-4 are all identical layouts. Huge full basement has drive in garage space and So Much storage space! Large lot provides lots of parking on one side and a sprawling lawn for tenant activities on the other. No smoking and no pets have been enforced inside the building/units. Vinyl windows, exterior doors and roof have all been updated in the last 10 years. Great location in Negaunee and within walking distance to the schools, grocery store, banks and more.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Interior area
    • Total interior livable area: 3,360 sqft

    Property

    Parking
    • Total spaces: 1
    Lot
    • Size: 0.78 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1890

    Community & HOA

    Location
    • Region: Negaunee

    Financial & listing details

    • Price per square foot: $83/sqft

    Price history

    DateEventPrice
    8/17/2023Sold$278,500+42.8%$83/sqft
    Source: RE/MAX of Michigan Solds #50115736_49866 Report a problem
    7/29/2023Pending sale$195,000$58/sqft
    Source: Upper Peninsula AOR #50115736 Report a problem
    7/18/2023Listed for sale$195,000$58/sqft
    Source: Upper Peninsula AOR #50115736 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49866

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.