Negaunee duplex not with 3 bedroom 1 bath apartments. current rents are $1050 and $1075 on annual leases. Tenants pay all utilities. 8% cap rate based on 2022 expenses and rental income at 95% occupancy.
Closed
$159,500
114-116 Ridge, Negaunee, MI 49866
6beds
2,748sqft
Multi Family
Built in 1912
-- sqft lot
$203,900 Zestimate®
$58/sqft
$1,635 Estimated rent
Home value
$203,900
$177,000 - $234,000
$1,635/mo
Zestimate® history
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$1,635/mo
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$961/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: October 11, 2023 at 06:29am
Listed by:
JOHN DEMAY 906-362-1000,
EXP REALTY OF MARQUETTE 888-501-7085
Bought with:
DON SCHINELLA, 6502349729
SELECT REALTY
Source: Upper Peninsula AOR,MLS#: 50110635
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Boiler
Appliances
- Included: Gas Water Heater
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,748
- Total interior livable area: 2,748 sqft
Property
Features
- Levels: Two
- Stories: 2
- Waterfront features: None
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 130
Details
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1912
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Negaunee
- Subdivision: none
Other
Other facts
- Listing terms: Conventional
- Ownership: LLC
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2023 | Sold | $159,500-5.6%$58/sqft |
Source:  Upper Peninsula AOR #50110635 Report a problem | ||
| 7/10/2023 | Pending sale | $169,000$61/sqft |
Source: Upper Peninsula AOR #50110635 Report a problem | ||
| 5/31/2023 | Listed for sale | $169,000+22.5%$61/sqft |
Source: Upper Peninsula AOR #50110635 Report a problem | ||
| 4/3/2020 | Sold | $137,950-8%$50/sqft |
Source: Upper Peninsula AOR #10072495 Report a problem | ||
| 3/5/2020 | Pending sale | $149,900$55/sqft |
Source: Coldwell Banker Schmidt, Realtors #1119680 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 49866
Nearby schools
GreatSchools rating
- 7/10Negaunee Middle SchoolGrades: 5-8Distance: 0.2 mi
- 7/10Negaunee High SchoolGrades: 9-12Distance: 0.5 mi
- 8/10Lakeview SchoolGrades: PK-4Distance: 0.5 mi
Schools provided by the listing agent
- District: Negaunee Public 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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- Michigan
- Marquette County
- Negaunee
- 49866
- 114-116 Ridge