INVESTMENT OPPORTUNITY! Are you looking to build equity? Take advantage of all this duplex has to offer starting with nearly 5 acres--340 feet of frontage--on one of the busiest sections of US 41 in the entire U.P. Even better, this property also adjoins the Iron Ore Heritage Trail. The best of both worlds; highway exposure & trail side. No wonder the Heritage Haus (sleeps 10) is a sought after vacation rental; close to everything! Home features 4032 square feet of remodeled living space. 4-5 bedrooms/2 baths on the Upper Level--and at $350 per night--s a lucrative short-term vacation rental. This space could easily become long-term or turn the entire home into a single residence. Ground level is another 3 bedroom apartment as well as spa/salon. Detached 32x20 propane heated garage for extra storage, or even a great space to rent bikes or repair snowmobiles. What a package: 2 homes and business space all under 1 roof with loads of parking. Home is on I beams and can be re-located. Back yard decks face the Iron Ore Heritage trail to hike, bike or snowmobile and the fire pit welcomes guests to gather to tell stories from the day's adventures. Imagine what this space can become by adding a wedding venue under the apple trees. This property capitalizes POTENTIAL!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
