Attention landlords: Investment opportunity! This spacious duplex sits on a large corner lot and comes with a great rental history. Both units consist of 2 bedrooms and 1 bath and include their own oven/range, refrigerator, washer, and dryer. There are separate utilities and tenants pay for their own water, heat, electricity, etc. The upper unit has been recently improved with new flooring and paint, while the exterior was recoated and the roof replaced in 2024.
The house is currently being used as a rental. There is an upper and lower unit in the home with heat, lights, and water included in the rent.
This spacious property presents an ideal opportunity for investors as well as homeowners. As an investment, this 3 unit dwelling with sound rental history features one larger unit on the main level with 2 bedrooms (previous tenant used the partially separated bigger bedroom as 2, giving it 3 total) and a roomy living room and kitchen. Upper unit 2 features large rooms as well with both generous living room and bedroom spaces. Upper unit 3 is a cozy studio apartment, easy to clean and maintain, and with a private entrance just off the oversized 2+ car garage. With newer flooring and fresh paint, it's ready for new tenants or creates the perfect opportunity for you to live in one unit and have your tenants pay your mortgage. Conveniently located near downtown, schools, and City Park!
Three-Unit Income Property â?? Iron Mountainâ??s East Side Donâ??t miss this excellent investment opportunity! This property features a nicely remodeled duplex along with a separate single-family residence â?? all fully rented to long-term tenants at strong rental rates that generate solid cash flow. The lower unit of the duplex has been taken down to the studs and completely rebuilt with a brand-new kitchen, bathroom, wiring, drywall, windows, and more. Both duplex units offer two bedrooms and one bathroom. Tenants also enjoy access to coin-operated laundry and additional storage space in the basement. The single-family residence has been fully updated inside and features one bedroom plus storage space in the drive-under garage. All rents include landlord-paid utilities, making this a simple and efficient property to manage. Whether youâ??re expanding your portfolio or looking for a reliable income stream, this property offers a turnkey investment in a desirable East Side location.
Attention landlords: This duplex with many charming details and an excellent rental history is a great investment property to add to your portfolio! Both units have been recently repainted and have newer appliances, plus the entire exterior has been recently repainted. The 3 bedroom, 1.5 bath first floor unit offers hardwood floors and a back entry that could double as office space. The 2 bedroom, 1 bath second floor unit offers walk-in closets and lots of natural light. Both units include basement storage, washer/dryer access, and their own 1-car garage space plus an extra garage space for owner use/storage. Situated on three lots with fruit trees, fenced-in garden, and two patios, it's also close to City Park and the stadium.
Iron Mountain is located in Michigan. Iron Mountain, Michigan has a population of 7,516. Iron Mountain is less family-centric than the surrounding county with 20.86% of the households containing married families with children. The county average for households married with children is 21.74%.
The median household income in Iron Mountain, Michigan is $50,099. The median household income for the surrounding county is $54,775 compared to the national median of $69,021. The median age of people living in Iron Mountain is 43.2 years.
The average high temperature in July is 79 degrees, with an average low temperature in January of 3.6 degrees. The average rainfall is approximately 27.8 inches per year, with 58.2 inches of snow per year.
