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Contingent
  • Price cut: $6.1K (6/25)
    $175,900

    657 Lake Ave, Ironwood, MI 49938

    4beds
    2,048sqft
    : 
    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $86/sqft
    $-- HOA

    What's special

    Large open basementBeautiful hardwood floorsOne bathroomEnergy efficientBrand new baseboard heatersSmart thermostatsAmple storage
    Are you looking for a great investment opportunity in Ironwood? This beautiful, brick 2-story duplex is located a very short distance from both non-motorized and motorized recreational trails. With plenty of parking, an attached two car garage and small carport style storage shed, there is more than enough room for all of your outdoor gear or equipment. The enclosed entryway provides a great transition into the property, both units have their own private entrances which have been updated with smart locks for ease of entry. Unit A, the main floor apartment is an established long term rental, while Unit B, the upstairs apartment, was used for both personal use and as a midterm rental. Both apartments have two bedrooms, one bathroom, beautiful hardwood floors, large closets and lots of character! Unit B is equipped with brand new baseboard heaters with smart thermostats in each room to provide an extra level of comfort, while being energy efficient. The kitchen appliances in Unit B were replaced in 2023 and the shower was completely redone only a few months ago. A brand new washer/dryer combo was recently installed in Unit B, giving both apartments easy access to laundry facilities. The large open basement also includes a washer/dryer for tenants, a brand new hot water heater and ample storage for owners and tenants alike! The metal roof was replaced in 2022 and the shingled roof over the main house was replaced in 2023. There is new tuckpointing on the brick exterior and a new garage door opener was added to one side of the garage. A lot of love and care has been put into this property and now it's waiting for your personal touches!
    280 days
    on Zillow
    |
    247
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 15, 2025 at 02:04pm

    Listed by:

    HELENA LONGHINI 906-285-9868,

    FIRST WEBER, INC 906-667-6366

    Source: Upper Peninsula AOR,MLS#: 50161649MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Kitchen
    • Features: Breakfast Nook/Room
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Microwave, Range/Oven, Refrigerator, Washer, Electric Water Heater
    Features
    • Flooring: Hardwood
    • Basement: Block
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 2,048
    • Total interior livable area: 2,048 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 or More Spaces, Garage, Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Balcony
    • Waterfront features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 80 x 52
    Details
    • Parcel number: 5222227210
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement
    Condition
    • Year built: 1927

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Ironwood
    Location
    • Region: Ironwood

    Financial & listing details

    • Price per square foot: $86/sqft
    • Tax assessed value: $82,520
    • Annual tax amount: $1,656
    • Date on market: 11/21/2024
    • Cumulative days on market: 281 days
    • Listing terms: Cash,Conventional
    • Ownership: Private
    • Lease term: Long Term,Seasonal
    • Total actual rent: 1025
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