101 Lowell St N, Ironwood, MI

Name: 101 Lowell St N, For Sale in Ironwood - Zoocasa
Brand: FIRST WEBER - BESSEMER
SKU: 217503
Price: 599000 USD

House

For Sale

Listed price in listed location currency (USD).

$599,000

10160

MLS® 217503

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 13062 sqft

Garage

Taxes $10,898

Days Active 6

Lot Size

Approx. Age

Avg. Price Per Sqft $45

MLS® Number 217503

Property Address: 101 Lowell St N, Ironwood, MI, 49938

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity! The Norwegian; a historic gem offering 15 apartments along with an adjacent mixed use building offering a commercial space with a 2 bedroom apartment, plus a detached 3 car garage located in the revitalized Ironwood downtown district. Three story brick apartment building consists of a mix of ten studio units, one 1 bedroom unit, two 2 bedroom units and 1 three bedroom units all with kitchen appliances. Also included is an onsite office and additional storage rooms. Full basement features a laundry room with 2 newer washers and 2 newer dryers, tenant storage closets and several rooms for potential use. 2 year old central hot water boiler system and separate electrical meters with new 800 amp service. Rental history with steady income. Property manager currently in place or self manage. The adjacent 2 story mixed use building (#107) has separate entrances to both levels. Main level offers an open commercial space of 1200 sq ft, concrete floors, a temporary wall creating a front and back space and new wall mounted heater. This blank slate provides several possibilities for an additional income source. The upper level houses an updated 2 bedroom, 1 bath apartment with fireplace, updated appliances and new stackable washer/dryer. Here you will find lots of original features with the tall ceilings, rounded archways, crown molding, hardwood floors, large rooms and many closets. Newer vinyl windows, natural gas heat and metal roof. A 3 car detached garage built in 1981 sits at the back of the large gravel parking lot. This property offers 1.44 acres which runs parallel to the snowmobile and utv trails as well as the Iron Belle Trail. Schedule a time to take a look and get in on this investment opportunity.

MLS® Number217503

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Other:Second FloorNot available

Map

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