MLS # 50214401 (MiRealSource)

Rare 4-unit side-by-side property on approximately 1.75 acres in Ironwood with strong appeal for both investors and buyers looking to occupy the larger end unit. Three units feature 2 bedrooms, 1 bathroom, private basements with laundry hookups, one-car garages, and dedicated driveways. The larger end unit offers 3 bedrooms, 1 bathroom, a private basement with laundry hookups, a detached 2-car garage, and an additional shed for storage. The layout makes this property well suited as a traditional investment, or for a buyer who wants to live in or use the larger unit while the remaining units provide additional income. Improvements and features include updated flooring, block construction, exterior repainting approximately three years ago, vinyl windows, public water and sewer, and solid major mechanicals. Each unit has its own basement, off-street parking, and strong separation from the neighboring units, which is hard to find in comparable multi-family properties. Whether you’re looking to add a clean multi-unit asset to your portfolio, raise rents over time, or own a property that offers both personal use and income potential, this is a unique opportunity in the Ironwood market.
Source: SparkMLS
This 4-bath home built in 1937 sits in Ironwood.
Currently offered at $348,990.
Electric service is provided by Northern States Power Company - Wisconsin.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
SEC. 02 T47N R47W MAP NO. P48 LOT 101. WEST 73.43 FT; THENCE NORTH 394 FT; THENCE EAST 44.56 FT; THENCE SOUTH 264 FT; THENCE EAST 29 FT AND SOUTH 130 FT OF LOT 101 OF IRONWOOD HOMESTEADS. 655/226 667/995
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jonathan Minerick
HomeCoin.com
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Northern States Power Company - Wisconsin
Investor-Owned
Northern States Power Company - Wisconsin
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5216 E Sunset Road, Ironwood, MI 49938
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