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  • $899,000

    586 E Us41, Negaunee, MI 49866

    7beds
    4,032sqft
    : 
    Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $223/sqft
    $-- HOA

    What's special

    Fire pitRemodeled living space
    INVESTMENT OPPORTUNITY! Are you looking to build equity? Take advantage of all this duplex has to offer starting with nearly 5 acres--340 feet of frontage--on one of the busiest sections of US 41 in the entire U.P. Even better, this property also adjoins the Iron Ore Heritage Trail. The best of both worlds; highway exposure & trail side. No wonder the Heritage Haus (sleeps 10) is a sought after vacation rental; close to everything! Home features 4032 square feet of remodeled living space. 4-5 bedrooms/2 baths on the Upper Level--and at $350 per night--s a lucrative short-term vacation rental. This space could easily become long-term or turn the entire home into a single residence. Ground level is another 3 bedroom apartment as well as spa/salon. Detached 32x20 propane heated garage for extra storage, or even a great space to rent bikes or repair snowmobiles. What a package: 2 homes and business space all under 1 roof with loads of parking. Home is on I beams and can be re-located. Back yard decks face the Iron Ore Heritage trail to hike, bike or snowmobile and the fire pit welcomes guests to gather to tell stories from the day's adventures. Imagine what this space can become by adding a wedding venue under the apple trees. This property capitalizes POTENTIAL!
    331 days
    on Zillow
    |
    137
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 14, 2025 at 12:35pm

    Listed by:

    FRIDA WAARA,

    RE/MAX 1ST REALTY 906-225-1136

    Source: Upper Peninsula AOR,MLS#: 50143612MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 586 E Us41.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Forced Air
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher
    Features
    • Basement: Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 4,032
    • Total interior livable area: 4,032 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Built-in Barbecue
    • Waterfront features: None
    Lot
    • Size: 4.43 Acres
    • Dimensions: 340 x 525
    Details
    • Additional structures: Shed(s)
    • Parcel number: 521012405010
    • Zoning: 301 Industrial/DD-Negaunee Township;201 Commercial/DD-MQT Township

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone, Wood Siding, Asphalt
    • Foundation: Slab
    Condition
    • Year built: 1978

    Utilities & green energy

    • Gas: LP/Propane Gas
    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: US 41 east
    Location
    • Region: Negaunee

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $327,000
    • Annual tax amount: $3,581
    • Date on market: 5/30/2024
    • Listing terms: Cash,Conventional,Conventional Blend
    • Ownership: Private
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