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$949,000 pending

734-736-738 michigan, ontonagon, MI 49953

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Property Description
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 option
Waterfront
Water Name:  n/a
General Information
Sale Price: $949,000
Price/SqFt: $282
Status: Pending
MLS#: 50151049
City: ontonagon
Post Office: ontonagon
Schools: ontonagon area schools
County: Ontonagon
Subdivision: n/a
Acres: 2.37
Lot Dim: 430x290
Bedrooms:36
Bathrooms:24   (24 full, 0 half)
Size: 3,360 sq.ft.
Acreage: 2.37 est.
Year Built: 1980
Style: 2 Story
Features & Room Sizes
Exterior:  Sidewalks
Basement:  No
Cooling:  None
Heating:  Baseboard,Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $6,415
Est. Winter Taxes:  $2,217


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: GERALD DOMITROVICH of DOMITROVICH REALTY, INC

This listing last updated: Tue, September 10, 2024 at 3:48:54 PM EDT

MIRealSource Listing Data Last Updated On Saturday, October 5 2024 at 9:10am
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GERALD DOMITROVICH
DOMITROVICH REALTY, INC
Call: (906) 250-1873

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