PRICE IMPROVEMENT! Affordable income-producing property in the city of Ishpeming with solid rental history! All separate utilities means the landlord gets the cash flow. Recent updates include 100 amp electrical in each unit, newer metal roof, newer vinyl windows, new flooring in lower unit, plumbing updated, new forced air furnace for upper unit. Lower unit could use a kitchen refresh so there is some sweat-equity potential here as well!
Closed
$134,500
708 Bank St, Ishpeming, MI 49849
4beds
1,881sqft
Multi Family
Built in 1890
-- sqft lot
$143,200 Zestimate®
$72/sqft
$1,267 Estimated rent
Home value
$143,200
$136,000 - $150,000
$1,267/mo
Zestimate® history
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Owner options
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$1,267/mo
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Rent Zestimate®
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$810/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 27, 2024 at 12:24pm
Listed by:
DAWN FLORIO 906-360-0796,
RE/MAX 1ST REALTY 906-225-1136
Bought with:
DAWN FLORIO, 6501377601
RE/MAX 1ST REALTY
Source: Upper Peninsula AOR,MLS#: 50142966
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
Heating
- Forced Air
Appliances
- Included: Dryer, Range/Oven, Refrigerator, Washer
- Laundry: First Floor Laundry, Laundry Room
Features
- Basement: Partial,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,881
- Total interior livable area: 1,881 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Waterfront features: None
- Frontage length: 50
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 100
- Features: Sidewalks, Walk to School
Details
- Parcel number: 525130505400
- Zoning: GR - General Residential
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Internet Spectrum
Community & neighborhood
Location
- Region: Ishpeming
- Subdivision: Cleveland Iron Mining Cos 5th Add
HOA & financial
Other financial information
- Total actual rent: 1500
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan,USDA Loan
- Ownership: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $134,500-3.9%$72/sqft |
Source:  Upper Peninsula AOR #50142966 Report a problem | ||
| 8/25/2024 | Contingent | $139,900$74/sqft |
Source:  RE/MAX of Michigan #50142966 Report a problem | ||
| 6/18/2024 | Price change | $139,900-3.5%$74/sqft |
Source: Upper Peninsula AOR #50142966 Report a problem | ||
| 6/7/2024 | Price change | $145,000-2.7%$77/sqft |
Source: Upper Peninsula AOR #50142966 Report a problem | ||
| 5/23/2024 | Listed for sale | $149,000+98.7%$79/sqft |
Source: Upper Peninsula AOR #50142966 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,222 +2% | $44,050 -3.9% |
| 2023 | $1,198 +0.5% | $45,850 +6.3% |
| 2022 | $1,192 +0.5% | $43,150 +6.8% |
Find assessor info on the county website
Neighborhood: 49849
Nearby schools
GreatSchools rating
- 4/10Ishpeming Middle SchoolGrades: 5-8Distance: 0.3 mi
- 6/10Ishpeming High SchoolGrades: 9-12Distance: 0.2 mi
- 6/10Birchview SchoolGrades: PK-4Distance: 1.4 mi
Schools provided by the listing agent
- District: Ishpeming Public School District
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
- Ishpeming
- 49849
- 708 Bank St