Improved Mixed-Use Land for Sale in Ontonagon, Michigan
734-736-738 Michigan Ontonagon, MI 49953
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.
Location
- Street Address
- 734-736-738 Michigan
- County
- Ontonagon County
- Community
- Ontonagon (66015)
- Elevation
- 640 feet
Property details
- Zoning
- Multi-Family
- MLS Number
- UPAR 50147190
- Date Posted
Property taxes
- 2023
- $11,303
Parcels
- 41-561-017-20
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Materials
- Asbestos
- Roof
- Asphalt
- Heating
- Forced Air
Exterior
- Parking
- Parking Lot
- Features
- Deck, Deck/Patio, Outside Storage, Patio, Storage
Interior
- Features
- Fire Alarm, Sidewalks, Smoke/Fire Alarm
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Aug 23, 2024 | Under contract | $949,000 | — | UPAR |
July 2, 2024 | New listing | $949,000 | — | UPAR |