Great investment opportunity with excellent flexibility and income potential! This very nicely maintained multi-unit property offers the chance to owner-occupy while generating rental income from the additional units. One spacious two-story unit features three bedrooms upstairs with comfortable living space on the main floor and two full bathrooms, while the additional one-bedroom, one-bathroom main floor unit and upper-level one-bedroom, one bathroom unit provide added versatility. The upstairs unit also includes a partially finished attic offering bonus space for an awesome loft, storage or future possibilities. A full basement provides ample room for storage and the opportunity to add a laundry area if desired. Charming details including some original woodwork and hardwood floors add warmth and character throughout. The detached three-car garage is a valuable feature for Upper Peninsula winters and extra storage needs. Conveniently located close to town, shopping, dining, schools, and highway access, this property offers both comfort and convenience in a well-cared-for setting. Schedule your showing today!
Affordable income-producing property in the city of Ishpeming with solid rental history! All separate utlitles means the landlord gets the cash flow. Recent updates include newer 100 amp electrical in each unit, newer metal roof, newer vinyl windows, new flooring in the lower unit, plumbing updated, new forced air furnace for both units. Lower unit could use a kitchen refresh so there is some sweat-equity potential here as well!
Investment opportunity, OR house hack! This well-maintained duplex with 1 long term tenant in the upper unit, lower level vacant and ready for immediate move-in. This property features two, 1 bedroom and 1 bathroom apartments both with laundry. Alley access for off street parking. Conveniently located in downtown Ishpeming and close to the Iron Ore Heritage Trail and ATV / Snowmobile trails and Lake Bancroft Park. Lower unit recently painted, cleaned, and ready for owner-occupancy or income generation with a new tenant!
Well-maintained duplex in the City of Ishpeming now seeking new owner! Tucked in a quaint Ishpeming neighborhood just blocks from Downtown amenities, this duplex has some great potential between its two units. The first floor is a warm and welcoming unit with two bedrooms, a bathroom and spacious kitchen. Hardwood floors, and a dedicated dining room give this unit some real draw. The second floor houses the one-bed one-bath unit which boasts a very large living room. This unit is ready for your personal touch for some updating and sprucing up! This great income property has been a blessing to this seller for the past forty years and is ready to benefit its next owner!
Ishpeming is located in Michigan. Ishpeming, Michigan has a population of 6,223. Ishpeming is more family-centric than the surrounding county with 31.25% of the households containing married families with children. The county average for households married with children is 26.28%.
The median household income in Ishpeming, Michigan is $49,757. The median household income for the surrounding county is $57,981 compared to the national median of $69,021. The median age of people living in Ishpeming is 38.8 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 3.9 degrees. The average rainfall is approximately 32.2 inches per year, with 156.7 inches of snow per year.
