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107 E Montezuma Avenue

Houghton, MI 49931

$395,000

MLS# 50220537

LISTING STATUS

Active

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CENTRAL HOUGHTON INVESTMENT OPPORTUNITY! This 7-bedroom, 2 1/2-bath home is located just one block from downtown Houghton and about one mile from Michigan Technological University’s campus. Licensed with the City of Houghton for 8 occupants, the home offers spacious living areas throughout and has a great rental history! The main floor includes a kitchen, dining room, living room, one bedroom, laundry area, half bath, enclosed back entry, and an inviting open front porch. The second level features 4 bedrooms and a full bathroom, while the third level includes 2 additional bedrooms and another bathroom. Character details include hardwood floors in most rooms, original built-in cabinets, and original woodwork. A garage provides direct access to the basement but is not used for parking. A paved driveway on the west side of the home leads to a paved parking area behind the property. Updates completed within the last 15+/- years include the roof (approximately 7+/- years old), high-efficiency boiler, 2 water heaters, and added wall and roof insulation. The property is leased through May 1st, 2027, and the lease must transfer at closing. A prequalification letter or proof of funds, along with a non-disclosure agreement, is required to review financials and leases. Rental licensed with the City of Houghton for 9 unrelated occupants. ----- NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller’s. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval or proof of funds documentation to be provided upon request. ---- OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.

Location

SCHOOL DISTRICT

Houghton-Portage Twp Schools

COUNTY

Houghton

WATERFRONT

No

PROPERTY TAX AREA

Houghton (31014)

ROAD ACCESS

Paved Street, Year Round

WATER FEATURES

None

LEGAL DESCRIPTION

LOT 2, BLK 24 CITY OF HOUGHTON.

Residential Details

BEDROOMS

7.00

BATHROOMS

3.00

SQ. FT. (FINISHED)

2640.00

ACRES (APPROX.)

0.11

LOT DIMENSIONS

50x100+/-

YEAR BUILT (APPROX.)

1900

STYLE

Traditional

Room Sizes

BEDROOM 1

9x12

BEDROOM 2

11x14

BEDROOM 3

13x15

BEDROOM 4

13x11

BATHROOM 1

6x7

BATHROOM 2

16x9

BATHROOM 3

x

BATHROOM 4

x

LIVING ROOM

17x13

FAMILY ROOM

x

DINING ROOM

14x13

DINING AREA

x

KITCHEN

13x13

UTILITY/LAUNDRY

x

OFFICE

x

BASEMENT

Yes

Utilities

HEATING

Natural Gas: Boiler

AIR CONDITIONING

None

SEWER

Public Sanitary

WATER

Public Water

Building & Construction

EXTERIOR CONSTRUCTION

Vinyl Siding, Asphalt, Asbestos

FOUNDATION

Basement

OUT BUILDINGS

None (OtherStructures)

FIREPLACE

None

GARAGE

EXTERIOR FEATURES

Exterior Balcony, Porch

INTERIOR FEATURES

Hardwood Floors

FEATURED ROOMS

Entry, First Floor Laundry, Living Room, First Flr Lavatory, Second Flr Full Bathroom

Listing Details

LISTING OFFICE

Century 21 Affiliated

LISTING AGENT

Weidner (jukuri), Kristine

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