This turn key four unit income property has a great rental history and nice cash flow. There are 2 large 2 bedroom apartments, 1 one bedroom apartment with it's own entrance and an efficiency apartment. Many updates have recently been done, including fresh exterior paint, new metal roof, deck and paved sidewalks and rear patio on the exterior. The inside has updated coin-op laundry room, fresh paint and new electrical service, 100 amp panels, and wiring to all stoves will be completed soon. Nestled in a neighbor it has always been easy to rent. Plenty of parking for the tenants in the rear of the property.
Closed
$260,000
763 Maurice St, Ishpeming, MI 49849
5beds
3,424sqft
Multi Family
Built in 1870
-- sqft lot
$287,400 Zestimate®
$76/sqft
$1,364 Estimated rent
Home value
$287,400
$264,000 - $313,000
$1,364/mo
Zestimate® history
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$1,579/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 11, 2023 at 12:45pm
Listed by:
CRYSTAL BARR BERGLUND 906-360-2948,
KELLER WILLIAMS FIRST UP 906-273-1183
Bought with:
STEVE PELTO
LOOK REALTY
Source: Upper Peninsula AOR,MLS#: 50118501
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
Heating
- Wall Furnace, Forced Air
Cooling
- None
Appliances
- Included: Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
- Laundry: First Floor Laundry, Laundry Room, Common Area
Features
- Basement: Full,MI Basement
- Has fireplace: No
Interior area
- Total structure area: 3,424
- Total interior livable area: 3,424 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Porch
- Waterfront features: None
- Frontage length: 77
Lot
- Size: 8,276 sqft
- Dimensions: 77 x 105
- Features: Platted, Sidewalks
Details
- Parcel number: 525130351900
- Zoning: GR
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tudor,Conventional Frame
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Basement
Condition
- Year built: 1870
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail., Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Ishpeming
- Subdivision: Cleveland Iron Mining Cos 3rd Add
HOA & financial
Other financial information
- Total actual rent: 3400
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Ownership: Private
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2023 | Sold | $260,000-3.7%$76/sqft |
Source:  Upper Peninsula AOR #50118501 Report a problem | ||
| 8/16/2023 | Pending sale | $269,900$79/sqft |
Source: Upper Peninsula AOR #50118501 Report a problem | ||
| 8/11/2023 | Listed for sale | $269,900$79/sqft |
Source: Upper Peninsula AOR #50118501 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,415 +7.4% | $61,300 +13.7% |
| 2023 | $2,249 +3.5% | $53,900 +16.9% |
| 2022 | $2,173 +1.9% | $46,100 +12.3% |
Find assessor info on the county website
Neighborhood: 49849
Nearby schools
GreatSchools rating
- 4/10Ishpeming Middle SchoolGrades: 5-8Distance: 0.7 mi
- 6/10Ishpeming High SchoolGrades: 9-12Distance: 0.7 mi
- 6/10Birchview SchoolGrades: PK-4Distance: 0.9 mi
Schools provided by the listing agent
- District: Ishpeming Public School District
Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Marquette County
- Ishpeming
- 49849
- 763 Maurice St