Last Sold Price
1,596 sqft$55/sqft
503 East Ridge Street,ย Ishpeming, MIย 49849

Description

Great investment opportunity! Upper and lower units produce a combined rent of $1,095.00 per month. The upper unit is a 1 bedroom 1 bath and the lower unit is a 2 bedroom 1 bath. The full basement has two laundry hookups and one washer and dryer set to be included. There is a spacious yard and a two car detached garage. This property has been certified with the City of Ishpeming's rental department. Both units are in nice condition. The fridge and stove on the second floor are included. Great rental...Great investment opportunity! Upper and lower units produce a combined rent of $1,095.00 per month. The upper unit is a 1 bedroom 1 bath and the lower unit is a 2 bedroom 1 bath. The full basement has two laundry hookups and one washer and dryer set to be included. There is a spacious yard and a two car detached garage. This property has been certified with the City of Ishpeming's rental department. Both units are in nice condition. The fridge and stove on the second floor are included. Great rental history in a nice location.
LISTING CLOSED: 12/29/2021 12:00 AM

  1. Listed by FRAN SEVEGNEY โ€ข RE/MAX 1ST REALTY
    P: (906)-869-7465 C: (906)-869-7465 fran7e@gmail.com

Property Details for 503 East Ridge Street

Status
MLS #
10072587
Days on Market
48
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1868
Lot Size
0.19 AC / 8,276 SF
Architectural Style
2 Story
Has Waterfront
No
Zoning
GR

Location

Listing Courtesy of RE/MAX 1ST REALTY

Sold By EXP REALTY LLC

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Building Information for 503 East Ridge Street

Stories2Residences2Year Built1868Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$601 per month

30 year fixed, 6.55% Interest

Principal and Interest

$447

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 503 East Ridge Street

Summary
Location and General Information
  • Directions: US41 W, South on Third St, left on Ridge St. Property on left.
  • Latitude: 46.49167498
  • Longitude: -87.663554
  • MLS Area Major: Ishpeming (52013)
Taxes and HOA
  • Parcel Number: 52-51-305-022-00
  • Tax Year: 2021
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Lot Size Acres: 0.19
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Above Grade Finished Area: 1596.0
  • Building Area Total: 1596.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1868
Building Features
  • Construction Materials: Aluminum Siding
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Electricity Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Porch
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Forced Air, Electric, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 503 East Ridge Street

DateEvent & SourcePriceAppreciation
Dec 29, 2021

Sold

MiRealSource #10072587

$88,000โ€”
Nov 3, 2021

Contract Signed

MiRealSource #10072587

โ€”
Sep 17, 2021

Listed (Active)

MiRealSource #10072587

$94,900โ€”
DateEvent & SourcePrice
12/29/2021

Sold

MiRealSource #10072587

$88,000
11/03/2021

Contract Signed

MiRealSource #10072587

โ€”
09/17/2021

Listed (Active)

MiRealSource #10072587

$94,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 503 East Ridge Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,850 ($154 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,610 SqFtAbove Grade Finished SqFt1,610 SqFtUnfinished Basement SqFt672 SqFtStories1Lot Size8,625 SqFtStyleSingle Family ResidenceYear Built1868Year Renovated1868ZoningGRCountyMARQUETTEAPN52-51-305-022-00

Schools near 503 East Ridge Street

This home is within Ishpeming Public School District No. 1.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Birchview School
PublicPK to 4

Ishpeming Middle School
Public5 to 8

Ishpeming High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 1ST REALTY

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