Greenwood Apartments - Outstanding income producing apartment

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Apartment Sale Pending

734-736-738 Michigan

Ontonagon, Michigan 49953

Ontonagon County

Community: 

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$949,000 36 br, 24.0 bath 3360 sq. ft. 2.370 acres

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.

Interior:
  • Bedrooms: 36
  • Baths: 24.0
  • Sq Ft: 3360
  • Year Built: 1980
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Baseboard, Forced Air
  • Garage: Driveway, Paved or Surfaced
Exterior:
  • Lot Size: 2.370 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Asphalt, Vinyl Siding
  • Roof: 
  • Property Taxes: $11,303
  • MLS #: 50151049
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Contact Information:
phone Call now 1-855-943-4259
Beach Apartment Sale Pending in Ontonagon, Michigan
Listing Agent: GERALD DOMITROVICH, DOMITROVICH REALTY, INC, 906-250-1873, 906-884-2801 Listing Site, Listing Status: Pending
Copyright © 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.
Ad Number: 5237776
Viewed 34 times.
Updated: Aug 07, 2024

This property is a Apartment located at 734-736-738 Michigan, Ontonagon, Michigan 49953, and is currently Sale Pending at $949,000. This Apartment has 36 bedrooms, 24.0 baths, 3360 sq ft.

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