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Sold on 04/10/2018
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605 Lakeshore, Ishpeming, MI 49849

$631,302

Last sold 04/10/2018 for $294K

  • —

    bed

  • —

    bath

  • 9,594

    Sqft ($31/Sqft)

Multi-family not for sale
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About 605 Lakeshore

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Lot size 1.9 Acre
Movoto estimate
Rental estimate
Property description
Great investment opportunity! This is a 12 unit apartment complex with 100% occupancy and great tenant history. Main level has four 2 bedroom units, upper level has four 2 bedroom units and the lower level has three 2 bedroom units including a single 1 bedroom unit. Coin-op laundry is also in the lower level. Seller pays utilities for all common areas and water & sewer for whole building. Tenants pay electric and Charter cable. All units are electric heat. All appliances are included. Plenty of parking for two cars per unit.
Listed by
Listing Agent - FRAN SEVEGNEY
Listing Office - RE/MAX 1ST REALTY
Source: MiRealSource, Inc mls logo
MLS#10071877 • last updated 8 years ago
Movoto checked MiRealSource, Inc for data 2 minutes ago
Overview
Cooling/AC None
Heating Electric Heat
Status Closed
Type Multi-Family
Lot Size (Acres) 1.9
Year Built 1977
Interior
Basement Full
Exterior
Foundation Shed
Construction Vinyl Siding
Amenities / Utilities
Fuel Type Electric
Sewer/ Septic Public Sanitary
Water Public Water
Location
County Ishpeming (52013)
Community Amenities Laundry Facility
Zoning GC
$631K
Range: $568K-$694K
Last 30 days 
Rental est.: $869/month
Gross rent multiplier: 28.2
  • May 2018
    mls logo MLS # 10071877
  • May 21, 2018 Sold
    $294,500 (-10.5%)
  • Apr 2, 2018 Listed
    $329,000
  • Year Property taxes Tax assessment
  • 2023
    $17,213
    $302,600
  • 605 Lakeshore
    $294K
  • Ishpeming (52013)
    —
  • 49849
    $205K +2% y/y
  • Ishpeming
    $205K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Birchview School
public Grades PK, K-4
Ishpeming Public School District No. 1
6/10
Ishpeming Middle School
public Grades 5-8
Ishpeming Public School District No. 1
8/10
Ishpeming High School
public Grades 9-12
Ishpeming Public School District No. 1
Source: GreatSchools.org © 2026. All rights reserved.

Around Ishpeming (52013)

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