420 Lake Street Ishpeming, MI ^$ 195,000

420 Lake Street

^$ 195,000

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Recently Listed

420 Lake Street

Ishpeming, MI, 49849

^$ 195,000

Bedrooms4 Baths3.0 Sq 2,374

Monthly Estimate*

^$ 1,362

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Single Family Home for sale in Ishpeming, MI

for $195,000 with 4 bedrooms and 3 full baths. This 2,374 square foot home was built in 1890 on a lot size of 0.11.

This home is very well-maintained and functions as a successful investment property, featuring three units. Within walking distance to dining, shopping & the library in downtown Ishpeming as well as the Iron Ore Heritage Trail. Since 2021, the home had been newly painted on the exterior, has had recent electrical updates, a newer roof, and brand new windows on the second floor. There is plenty of parking space along with a 1-car, detached garage. Landlord pays all utilities. There are two meters. The apartments are situated as follows: Apt. #1 $1,250/mo. all utilities included, 2 bedrooms, 1 bathroom. Apt. #2 $1,000/mo. all utilities included, 1 bedroom, 1 bathroom. Apt. #3 $825/mo. all utilities included, 1 bedroom, 1 bathroom. Also listed under MLS #: 50140040.

Single Family Active

Price

^$ 195,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,504

Style

Conventional Frame

Lot Size

0.11

Year Built

1890

Town/City

Ishpeming

County/Region

Marquette

MLS | Web ID

50140077

Features

General

Interior Features 9 ft + Ceilings Hardwood Floors

Heating Hot Water

Cooling Ceiling Fan(s)

Possession At Close

Garage Detached Garage

Exterior Features Porch

Zoning GR - General Residential District Residential

Water Public Water

Appliances Range/Oven Refrigerator Washer

Status Active Keep Showing-Contgcy Appl

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1890

Parking 3 or More Spaces Garage

Subdivision N/A MI

Water Heater Gas

Style Conventional Frame

County Marquette

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Ishpeming

New Construction Y/N No

Electric 100 Amp Service

Utilities Cable Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Internet Spectrum

Structure Style 2 Story

Area Ishpeming (52013)

Primary City Ishpeming

Directions Going West on US 41 take a left on Lakeshore Dr. in Ishpeming. Continue straight to W. Euclid St. and turn left. Continue to Lake St. Home is on the corner of Lake St. and W. Euclid St.

City Ishpeming

School District Ishpeming Public School District

Street Name Lake

Financial Terms Cash Conventional

Legal Description EXCELSIOR IRON COMPANY'S ADDITION LOT 8 BLK 10

DOM 12

Postal Code 49849

Price Per Sq Ft 82.14

Coming Soon This home is very well-maintained and functions as a successful investment property featuring three units. Within walking distance to dining

Interior

Basement Stone

Beds 4

Fireplace? No

Exterior

Exterior Wood

Frontage 76

Lot Size Area 0.11

Pool (Y/N) No

Lot Dimensions 76x128x148

OUT BUILDINGS Garage(s)

Water Features None

Roads City/County Paved Street

Waterfront Y/N No

Frontage Type Road

* Excluded Features

List By

DON SCHINELLA

Listing Agent

Select Realty

Broker

selectschinella@gmail.com

Affordability Calculator

$1,571

Per Month

Monthly Principal & Interest: $1,362
Monthly Property Taxes: $209
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Ishpeming, MI

Average List Price ^$345,257

Percent of Sale Price 77%

About Ishpeming, MI

6,205 Population

-7% Since 2002

^$39,071 Median Income

40.78 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2371702 Elementary School

2371704 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$195,000		Listed Price

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420 Lake Street, Ishpeming, MI, 49849 is a Single Family Home for sale at $195,000 with 2,374 sqft and a lot size of 0.11. 420 Lake Street has 4 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 49849 which is in Ishpeming, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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420 Lake Street

Single Family Home for sale in Ishpeming, MI

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