Solid brick building in the Village of Felch with 4 one bedroom apartments, 3 efficiency apartments along with laundry facilities that are open to the public as well as the tenants. Most tenants are long time tenants. Owner is currently renovating 2 of the units and has a waiting list of potential renters. This historic building sits on a solid full concrete basement with two entrances adding an additional 4700 square feet of potential. Newer septic system services the entire building. In 2019 the building was all replumbed. Most units have electric heat which is paid by the tenants. Two have gas furnaces and all gas water heaters, paid by the landlord. Parking out front for laundry (Unit 1) and plenty of parking on the North side of the building for the tenants. Convenient location with Iron Mountain and Crystal Falls being ~30 minute drive & Solberg's Restaurant/ Bar is across the street. Also convenient to the rec trail just down the road. Unit#7 is an Efficiency Apartment at $350 a month with all utilities included except electric. Unit#8 is also an Efficiency Apartment at $375 a month with all utilities included except electric. Age of building is estimated. Completely remodeled in 2005 as per seller.
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