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1001 Agate & 1100 Eleventh, Houghton, MI 49931

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For Sale

$749,000

19 beds • 9 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Walk-out
    Basement

  • Electric
    Fireplace Description

Explore this Property

OFFERS: Written offers with prequalification letter or proof of funds submitted by 6/15/2024 at 1pm. Offer response times preferred to be no sooner than 6/18/2024 at 5pm. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify deadlines for receipt of and seller?s response to offers. *** CITY OF HOUGHTON - INVESTMENT OPPORTUNITY! 9 rental units located in East Houghton with convenient proximity to Michigan Tech's main campus and the Student Development Complex. The property consists of 2 multi-level buildings. 1001 Agate has four apartments with 2 bedroom and 1 bathroom. 1100 Eleventh Ave has 5 apartments, four with 2 bedrooms and 1 bathroom and one with 3 bedroom and 1 bathroom. The typical floor plan of each unit is an eat-in kitchen, living room, bedrooms with closets and full bathroom. Each unit has an oven/range, refrigerator, dishwasher and microwave. There is a coin operated laundry facility in one of the buildings for all units to utilize (2 washers and 2 dryers). All units have electric heat. 1001 Agate has supplements forced air heat (2014, 1 duct to each apartment in this building only) that the landlord runs during December, January and February. Building construction is modular and year built is estimated to be 1976. Some storage cages are available for tenants. Parking for the units is paved. Property is a licensed rental in the City of Houghton. All leases are through May 2025. City of Houghton rental license is for 19 occupants. Rental income information is available with a non-disclosure agreement and preapproval and/or proof of funds letter. Preapproval letter is required for showings. Photos are a sampling of the units. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyer's taxes will be the same as seller's present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Seller may be doing a 1031 Exchange.
MLS# 50144139

Listed By CENTURY 21 Affiliated
1100 Century Way, Suite C, Houghton, MI 49931

Property Features

  • Basement
    Walk-out
  • Fireplace Description
    Electric
  • Heating - Fuel Type
    Gas
  • Heating Type
    Forced Air
  • Kitchen Features
    Eat-in Kitchen
  • Sewer
    Public
  • Style
    Multi Family - 2-4 Units
  • Water
    City Water, Municipal Water

Map and Directions

Directions to 1001 Agate & 1100 Eleventh, Houghton, MI 49931

Home seller Meet the Agent,
Kristine Jukuri Weidner

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Kristine Jukuri Weidner

of CENTURY 21 Affiliated

(906) 281-1848
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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