5216 E Sunset Road, Ironwood Charter Township, MI 49938
IRONWOOD HOMESTEADS · Gogebic County
Key Facts
Description
Rare 4-unit side-by-side property on approximately 1.75 acres in Ironwood with strong appeal for both investors and buyers looking to occupy the larger end unit. Three units feature 2 bedrooms, 1 bathroom, private basements with laundry hookups, one-car garages, and dedicated driveways. The larger end unit offers 3 bedrooms, 1 bathroom, a private basement with laundry hookups, a detached 2-car garage, and an additional shed for storage. The layout makes this property well suited as a traditional investment, or for a buyer who wants to live in or use the larger unit while the remaining units provide additional income. Improvements and features include updated flooring, block construction, exterior repainting approximately three years ago, vinyl windows, public water and sewer, and solid major mechanicals. Each unit has its own basement, off-street parking, and strong separation from the neighboring units, which is hard to find in comparable multi-family properties. Whether you're looking to add a clean multi-unit asset to your portfolio, raise rents over time, or own a property that offers both personal use and income potential, this is a unique opportunity in the Ironwood market.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1937
Living Area
2,432 sq ft
Lot Size
1.73 acres
Lot Dimensions
75359
Garage Spaces
5
MLS® Listing#
58050214401
Property Features
Appliances
Cooling
Heating
Basement
Parking
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$5,843
Parcel Number
03-08-002-000; 03-08-002-100
Affordability Calculator
$69,798
Estimated monthly payment
$1,857/mo
Principal $279,192 · Est. interest $389,498 over 30 yrs
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3987 W M 50 Highway, Franklin Township, MI | $249,900 | 17 | 8 | 7,200 |
| 6054 E Pierson Road, Genesee Charter Township, MI | $260,000 | 9 | 5 | 4,766 |
| 6934 LANSING Avenue, Rives Township, MI | $279,900 | 10 | 5 | 990 |
| 3615 Bernice Drive, Bridgeport Charter Township, MI | $300,000 | 10 | 5 | 3,850 |
| 3481-3489 S Summerton Road, Chippewa Township, MI | $309,900 | 8 | — | — |
| 2394 Yankee Street, Howard Township, MI | $329,900 | 10 | — | — |
Moving Cost Estimate
Listing Courtesy: HomeCoin.com - 8884002513
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