HOME

ABOUT US

OUR AGENTS

PROPERTIES

Borseth Listings
Residential
Camps & Cottages
Lake Homes
Lake Lots
Vacant Land 1 - 10 Acres
Vacant Land > 10 Acres
Vacant Land > 40 Acres

Commercial

PROPERTY TAX ESTIMATOR

INSURANCE

BUYER SERVICES

MARKETING

CONTACT US

SEARCH BY MLS #:

 

 
 
 
MLS Number Street Name Property Category
Waterfront Only
Minimum Acres Minimum Bedrooms  
Camps/Cottages Only  
Price Range Location Within Distance

to

SORT BY:

  

 Print Data Sheet

101 N LOWELL STREET, IRONWOOD, MI 49938
On File - See Exhibit A

$410,000
MLS# 50127411

 

MORE PHOTOS

 
PROPERTY DESCRIPTION

Investment Opportunity! The Pickard Place; a historic gem was the former Coachlight Motel and now is a 15 unit apartment building. Also included is an adjacent mixed use building offering a commercial space with a 2 bedroom apartment plus a detached garage located in the revitalized downtown district. Three story brick apartment building consists of a mix of ten efficiency units, one 1 bedroom unit, two 2 bedroom units & one 3 bedroom unit with 2 baths and kitchen appliances. Full basement features a laundry room with 2 washers/2 dryers, tenant storage closets and several storage rooms. Central hot water boiler system and separate electrical meters. Rental history with steady income on month to month leases. Property manager currently in place or self manage. The adjacent 2 story mixed use building (#107) has separate entrances to both levels. Main level offers an open commercial space of 1200 sq ft, concrete floors and wall mounted heater. This blank slate provides several possibilities for an additional income source. The upper level houses a furnished 2 bedroom, 1 updated bath apartment. You will find lots of original features in this building with the tall ceilings, rounded archways, crown molding, hardwood floors, large rooms and many closets. Newer vinyl windows, water filtration system, natural gas heat and metal roof. A 3 car detached garage built in 1981 sits at the back of the large gravel parking lot. This property offers 1.44 acres which runs parallel to the snowmobile and utv trails as well as the Iron Belle Trail. Schedule a time to take a look and get in on this opportunity.

 
LOCATION
101 N LOWELL STREET
Ironwood, MI 49938

Price: $410,000

County: Gogebic

Tax ID #: 27-52-22-327-070

School District:

Waterfront: No
Water View:
Shoreline:

Road Access: City/County,Curbed,Paved Street

Directions:

MAP BELOW

 
DETAILS
Business Type
Total Buildings
Total Building Square Feet 13062.00
Lot Dimensions 80x100 + irregular
Year Built (Approx.) 1920
Status:

 
 
BUILDING & CONSTRUCTION

Foundation: Basement

 

Basement: Yes

Construction: Brick

Exterior:

Fireplace:

 

Garage:

Outbuildings:

   

Other Features:
Cable TV Available,Cafe/Kitchen,Carpet,Concrete Floor,Internet Available,Living Quarters,Occupied,Outside Storage,Separate Meters,Trash Removal,Wood Floors

 
UTILITIES, HEATING & COOLING

Sewer: Public Sanitary

Water: Public Water

Heat: : Baseboard,Boiler,Forced Air,Hot Water

 

Air Conditioning: None

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
*
* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.

 

REQUEST MORE INFORMATION
 
PHOTOS
 
MAP

Click here to enlarge/open map in new window.
 

Listing Office:
First Weber, Inc

Listing Agent:
Colassaco, Gayle

 
 

Office: 906-988-2329 | Toll Free: 1-877-768-9846 | Fax: 906-988-2320

 

 
 
 

HOME  |  ABOUT US  |  OUR AGENTS  |  FEATURED PROPERTIES  |  INSURANCE  |  BUYER SERVICES  | MARKETING  | LOCAL INFORMATION  | CONTACT US

Website development: Opusweb