Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
734-736-738 MICHIGAN AVENUE
ONTONAGON, MI 49953

$949,000

 
 
 
PROPERTY DESCRIPTION

Multi - Conventional Frame

Greenwood Apartments - Outstanding income producing apartment complex situated on 2.37 wooded acres within the Village on Ontonagon. This 24-unit, 3,360 sq. ft. apartment complex consists of 12 one-bedroom units offering 678 sq. ft., and 12 two-bedroom units offering 828 sq. ft. of living space. An extremely well-maintained building built in 1980 with many updates including but not limited to roof, windows, siding, etc. Each unit offers metered natural gas H/A heat, electricity, telephone, and cable/internet paid be each tenant. NOTE: This is a HUD Section 8 Housing program under contract until 2035 which offers tenant housing assistance and multiple owner advantages including funding. Great location in Ontonagon with walking distance to the school, golf course, and just a short distance to the downtown district and beautiful Lake Superior which offers miles of public beach access, and less than 15 miles to the west you'll find the Porcupine Mountains with all year recreational options including, hiking, skiing, camping, and panoramic views of Lake Superior and Lake of the Clouds.

 
BUILDING & CONSTRUCTION

Foundation: Crawl

 

Basement: Block,Other

Construction: Vinyl Siding,Asphalt,Hard Board

Garage:

Fireplace:

 

Exterior: Sidewalks

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Crawl

 

Basement: Block,Other

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric:

 

Natural Gas:

Sewer: Community

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: None

Heat: Natural Gas: Baseboard,Forced Air

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 50151049

Listing Office:
Domitrovich Realty, Inc

Listing Agent:
Domitrovich, Gerald

LOCATION
734-736-738 MICHIGAN AVENUE
Ontonagon, MI 49953

County: Ontonagon

School District: Ontonagon Area Schools

Property Tax Area: Ontonagon (66015)

Waterfront: No
Water View:
Shoreline:

Road Access:

 
DETAILS
Total Buildings
Number of Units 24.00
Total Building Square Feet 3360.00
Acres (Approx.) 2.37
Lot Dimensions 430x290
Year Built (Approx.) 1980
Status: Sale Pending
 
 
ADDITIONAL DETAILS
Number of Levels 2 Story
 
 
PHOTOS