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137 Lake Linden Avenue

Laurium, MI 49913

$229,900

MLS# 50215788

LISTING STATUS

Active

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Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!

Location

SCHOOL DISTRICT

COUNTY

Houghton

WATERFRONT

No

PROPERTY TAX AREA

Laurium (31019)

ROAD ACCESS

Paved Street

BUSINESS TYPE

Residential / Commercial, Residential

TOTAL BUILDING SQ FT

3772.00

ACRES (APPROX.)

0.28

LOT DIMENSIONS

100x120

YEAR BUILT (APPROX.)

1900

ZONING

Commercial

Utilities

HEATING

Natural Gas: Hot Water

UTILITES

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

AIR CONDITIONING

Wall/Window A/C

SEWER

Public Sanitary

WATER

Public Water

Building & Construction

EXTERIOR CONSTRUCTION

 

FOUNDATION

Basement

EXTERIOR FEATURES

COMMERCIAL FEATURES

PARKING

Off Street

 

Listing Details

LISTING OFFICE

Coldwell Banker Schmidt Realtors

LISTING AGENT

Heinonen, Craig

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