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Sold for $170,000
  • $170,000

    W5496 1st St, Hermansville, MI 49847

    7beds
    4,105sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $41/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Excellent investment opportunity featuring five spacious apartment units with a desirable mix of three one-bedroom apartments and two two-bedroom apartments. Each unit offers generous living space complemented by beautiful high ceilings and charming original hardwood floors, adding warmth and character throughout. The variety of unit sizes provides flexibility and broad tenant appeal. A new roof was installed in 2024, adding value to this well-positioned property. A full basement provides ample storage space and convenient on-site laundry facilities, adding functionality for both tenants and ownership. Conveniently located close to the school and a nearby playground, the property also features a nice-sized backyard, offering additional outdoor space for tenants to enjoy. Whether you’re looking to expand your investment portfolio or step into multi-family ownership, this property offers excellent potential and income-producing possibilities.

    Zillow last checked:

    Listing updated:

    Listed by:

    MELISSA MIKUS 906-420-2404,

    UPWARDS REAL ESTATE

    Bought with:

    PATRICE KIDD, 6501467455

    UPWARDS REAL ESTATE

    Source: MiRealSource,MLS#: 50218519MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Entry, Bedroom, Living Room, Laundry, Workshop
    Bedroom 1
    • Features: No
    Bathroom
    • Features: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
    Dining room
    • Features: Formal Dining Room
    Kitchen
    • Features: Eat-in Kitchen
    Heating
    • Radiator
    Cooling
    • None
    Appliances
    • Included: Range/Oven, Refrigerator, Gas Water Heater
    • Laundry: Lower Level Laundry
    Features
    • Basement: Concrete,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,105
    • Total interior livable area: 4,105 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Waterfront features: None
    • Body of water: None
    • Frontage length: 50
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 50 x 150
    • Features: Cleared, Main Street, Walk to School
    Details
    • Parcel number: 01114901500
    • Zoning: Commercial-Improved
    • Zoning description: Commercial
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Cedar, Vinyl Siding, Vinyl Trim
    • Foundation: Basement, Concrete Perimeter
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Private Well, Drilled Well
    • Utilities for property: Natural Gas Connected, Sewer Connected

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Hermansville

    Financial & listing details

    • Price per square foot: $41/sqft
    • Annual tax amount: $2,440
    • Date on market: 8/14/2026
    • Cumulative days on market: 61 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership type: LLC
    • Lease term: Month To Month
    • Total actual rent: 4200

    Price history

    DateEventPrice
    10/15/2026Sold$170,000-15%$41/sqft
    Source: MiRealSource #50218519 Report a problem
    9/17/2026Contingent$200,000$49/sqft
    Source: MiRealSource #50218519 Report a problem
    8/17/2026Listed for sale$200,000+124.7%$49/sqft
    Source: MiRealSource #50218519 Report a problem
    10/7/2022Pending sale$89,000$22/sqft
    Source: Upper Peninsula AOR #50092346 Report a problem
    10/6/2022Listed for sale$89,000+43.5%$22/sqft
    Source: Upper Peninsula AOR #50092346 Report a problem
    6/16/2021Sold$62,000-11.3%$15/sqft
    Source: Agent Provided Report a problem
    2/10/2021Listed for sale$69,900$17/sqft
    Source: Upper Peninsula AOR #1124584 Report a problem
    1/5/2021Contingent$69,900$17/sqft
    Source: Upper Peninsula AOR #1124584 Report a problem
    1/5/2021Pending sale$69,900$17/sqft
    Source: STATE WIDE REAL ESTATE OF ESCANABA #1124584 Report a problem
    12/8/2020Listed for sale$69,900+16.7%$17/sqft
    Source: STATE WIDE REAL ESTATE OF ESCANABA #1124584 Report a problem
    4/2/2015Listing removed$59,900$15/sqft
    Source: State Wide Real Estate of Escanaba #1076168 Report a problem
    1/27/2015Listed for sale$59,900-14.3%$15/sqft
    Source: State Wide Real Estate of Escanaba #1076168 Report a problem
    1/11/2014Listed for sale$69,900$17/sqft
    Source: STATE WIDE REAL ESTATE OF ESCANABA #1076168 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49847

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: North Central Area Schools

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

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