42280 Willson Memorial Drive, Chassell, MI 49916

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Place Perfect Realty

homes@placeperfect.com +1(920) 956-9061

$ 640,000

Est. payment | -/mo

8,184 SqFt

Save

$ 640,000

Est. payment | -/mo

Save

8,184 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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by CENTURY 21 AFFILIATED

"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

42280 Willson Memorial Drive Chassell, MI 49916