About This Home
This 5-bedroom, 2-bathroom residential multi family at 309 Tobin Street in Negaunee, MI is listed for $260,000 ($101 per sqft). Built in 1898, the home offers 2,569 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1898
- 0.17 acre lot
- 2 stories
Property Details
Fantastic investment opportunity in the City of Negaunee! This well-maintained front and back duplex offers excellent income potential, a 2-car garage, and additional off-street parking, all within close proximity to the Iron Ore Heritage Trail, parks, and downtown amenities.
The front unit features a charming retro-style kitchen, spacious living room, formal dining room, three upstairs bedrooms, and a full bath. The back unit features beautiful hardwood floors and includes a spacious eat-in kitchen with a walk-in pantry, a large living room, a cozy office or den, and two generously sized upstairs bedrooms served by a full bath.
Major updates include a new furnace in the back unit and updated electrical panel, along with a newer roof and rebuilt chimneys, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income or add a solid property to your investment portfolio, this versatile duplex is an outstanding opportunity!
Monthly Cost Estimate
$1,391/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
309 Tobin Street
Negaunee, MI 49866
Features & Amenities
Interior Features
Exterior Features
Property Details
Outdoor Features
Parking
Heating
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 309 Tobin Street is listed at $260,000 ($101/sqft). The estimated monthly payment is $1,391 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1898, 0.17 acre lot, 2 stories. Interior Features: Hardwood Floors, Window Treatment(s). Exterior Features: Porch, Street Lights.
This property is listed by CHELSEY DAAVETTILA and can be reached at 9062822524.