Improved Mixed-Use Land for Sale in Ontonagon, Michigan

734-736-738 Michigan Ontonagon, MI 49953

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$949,000
2.37 acres
pending saleUnder contract

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.

3,360
Sq feet
1980
Built

Location

Street Address
734-736-738 Michigan
Community
Ontonagon (66015)
Elevation
640 feet
Coordinates
46.8729, -89.2954

Property details

Zoning
Multi-Family
MLS Number
UPAR 50147190
Date Posted

Property taxes

2023
$11,303

Parcels

  • 41-561-017-20

This 2.37-acre property is located at 734-736-738 Michigan in Ontonagon, MI 49953 with latitude 46.8729 and longitude -89.2954. The property is currently pending sale for $949,000. It has a 3,360 sq ft structure built in 1980. Listing data is sourced from Upper Peninsula Association of Realtors # 50147190.

Verify sale details at the property source or contact Domitrovich Realty at (906) 884-2801.

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Copyright (C) 2024 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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