42280 Willson Memorial Drive new

Chassell,MI 49916

$ 640000

- Bed

- Bath

8184 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,184 sqft

Price per Sqft $78

Subdivision Mi

MLS Listing ID 50180277

Annual Tax Amount $4,726

Tax Year 2024

Lot Size 1.030 Acres

Acres 1.03

Lot Dimensions 300x150

Property Sub-Type Business

Property Description

LOCATION, LOCATION, LOCATION in the heart of the quaint village of Chassell and 7.6 miles from Houghton. The Chippewa Apartment building consists of 10 apartments, a coin operated laundry room with office, a storage building, backs to the park, walking trail, a view of Pike Bay and Portage Canal. The Chippewa was converted from a motel to apartments in 2010 & 2011. Two units are studio type, 5 units have 1 bedroom and 3 apartments consists of 2 bedrooms. One unit is handicapped accessible and 6 of the units have wall A/C units while the others have a sleeve in which to install a A/C unit. Most units have a view of the Bay, walking trail and park. The initial renovation includes flooring, energy star appliances (gas stoves), insulation, drywall, individual shut-off valves, room sprinkler system, windows, doors. toilets, bathroom fixtures, blinds, roofing, soffits, facia, energy efficient computerized boiler/hot water system. There is access to the crawl space. The apartments started renting in 2011. Off street parking is plentiful. POTENTIAL PURCHASERS MUST BE PREQUALIFIED FOR A MORTGAGE OR SHOW PROOF OF FUNDS IF PAYING CASH BEFORE A SHOWING CAN TAKE PLACE. FINANCIAL INFORMATION CAN BE PROVIDED UPON RECEIPT OF A SIGNED CONFIDENTIALITY STATEMENT BY POTENTIAL PURCHASER. All information must be verified by the purchaser and purchaser's agent. TENANTS RIGHTS APPLY! NOTICE: Al information believed accurate but not warranted. Purchaser is recommended to inspect and verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities. Real estate taxes are subject to change. A PORTION OF THE PARKING LOT WILL BE REPAIRED IN THE NEAR FUTURE.

Location

State MI

County Houghton

Area Chassell Twp (31005)

Zoning 3+ Multi

Interior

Heating Baseboard

Cooling Window Unit(s)

Exterior

Parking Features 11-20 Spaces,On Site,Parking Lot

Roof Type Shingles

Building

Foundation Crawl,Slab

Water Public Water

Structure Type Brick Front

Others

Ownership LLC

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Commercial Loan

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