Don't miss out on this rare Investment/Rental Property Opportunity in an unbeatable location just steps away from Michigan Tech! This 3-bedroom, 1-bathroom home is perfectly positioned for student accommodation, or you can hold onto it for future development or single-family use. Properties like this, so close to Michigan Tech's campus, are hard to come by. Steeped in history, this home features hardwood floors in the living/dining area, preserving some of its original character. The first floor welcomes you with a living room, dining room with abundant storage, a kitchen, and a convenient walk-in pantry. Upstairs, you'll find two bedrooms and a full bathroom. The attic has been converted into a delightful bedroom with ample space for additional living area or a home office. Whether you're looking to invest in your Tech student's housing or planning for future opportunities, this property is a must-see. The current tenants have already signed a lease through May 1, 2025, providing a hassle-free transition for the next school year. Don't wait—secure this property now and be prepared for the future! All offers must be received by Thursday, April 18th, 2024 by 5pm. NOTICE: All information believed accurate but not warranted. It is the Buyers obligation to inspect the property and verify all information. The buyer bears all risks for any inaccuracies. Tax information is subject to change. Taxes are not 0. References to square footage, lot size/dimensions, and age are approximate.
Closed
$178,500
1113 Ruby Ave, Houghton, MI 49931
3beds
1,356sqft
Single Family Residence
Built in 1900
2,613.6 Square Feet Lot
$190,000 Zestimate®
$132/sqft
$1,503 Estimated rent
Home value
$190,000
Estimated sales range
Not available
$1,503/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 03, 2024 at 10:55am
Listed by:
JENNIFER BREITMOSER 906-370-2983,
RE/MAX DOUGLASS R.E.-H 906-482-1000
Bought with:
MICHAEL BORSUM, 6501278088
RE/MAX DOUGLASS R.E.-H
Source: Upper Peninsula AOR,MLS#: 50138599
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Second
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Level: Second
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Third
- Area: 120
- Dimensions: 12 x 10
Bathroom 1
- Level: Second
Dining room
- Level: First
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Level: First
- Area: 108
- Dimensions: 12 x 9
Living room
- Level: First
- Area: 132
- Dimensions: 12 x 11
Office
- Level: Third
- Area: 120
- Dimensions: 10 x 12
Heating
- Boiler, Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- Eat-in Kitchen
- Flooring: Hardwood
- Basement: Full,Stone
- Has fireplace: No
Interior area
- Total structure area: 1,858
- Total interior livable area: 1,356 sqft
- Finished area above ground: 1,356
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Waterfront features: None
- Body of water: None
- Frontage type: Road
- Frontage length: 39
Lot
- Size: 2,613 sqft
- Dimensions: 39 x 63 x 23.5 x 5 x 15.5 x 68
- Features: City Lot
Details
- Additional structures: None
- Parcel number: 05241700400
- Zoning: R-4
- Zoning description: Residential,Other
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic
- Property subtype: Single Family Residence
Materials
- Asphalt
- Foundation: Basement
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Houghton
- Subdivision: Supervisor's Plat of East Houghton
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | $178,500+1.1%$132/sqft |
Source:  Upper Peninsula AOR #50138599 | ||
| 4/20/2024 | Contingent | $176,500$130/sqft |
Source:  RE/MAX of Michigan #50138599 | ||
| 4/13/2024 | Listed for sale | $176,500$130/sqft |
Source: Upper Peninsula AOR #50138599 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,822 +4.9% | $55,226 +5% |
| 2024 | $2,690 | $52,620 +14.6% |
| 2023 | -- | $45,921 +11.9% |
Find assessor info on the county website
Neighborhood: 49931
Nearby schools
GreatSchools rating
- 8/10Houghton Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Houghton Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Houghton Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Houghton-Portage Twp Schools
Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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