MI > Houghton > Mi
Houghton, MI 49931,208 E Montezuma Avenue
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Houghton, MI 49931,208 E Montezuma Avenue
Houghton, MI 49931,208 E Montezuma Avenue
Houghton, MI 49931,208 E Montezuma Avenue
Houghton, MI 49931,208 E Montezuma Avenue
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ILink Real Estate Co

ILink Real Estate Co

+1(419) 277-7127
$ 940,000
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Price Dropped by $10K

208 E Montezuma Avenue Houghton, MI 49931

5 Beds

4 Baths

3,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $268

Subdivision Mi

MLS Listing ID 50136735

Style 1 Story

Bedrooms 5

Full Baths 2

Half Baths 2

Year Built 2010

Annual Tax Amount $5,366

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Multi-Family

Property Description

Downtown Houghton – Mixed use building in the heart of the City of Houghton! Building is currently set up as 2 commercial units and 2 residential units with 6 parking spaces in garage beneath the units. The location is fantastic located one block above the main Street of Houghton with restaurants, shopping, waterfront parks, trail along the lake, close to Michigan Tech and more! Unit 1 has 2 private offices, reception/waiting area, supply room and half bathroom. Unit two includes 3 offices, reception area and half bathroom. The third office has access options from either Unit 1 or 2, depending on the lease terms and currently included in Unit 2's lease. Unit 3 is a 3 bedroom, 1 bathroom apartment with eat-in kitchen, living room. Unit 4 is a 2 bedroom, 1 bathroom apartment with eat-in kitchen and living room. Both residential units have granite counters, beautiful cabinetry and access to their own half of the deck overlooking the downtown building-scape, glimpses of the Portage Lake Lift Bridge, the hillside across the Portage and maybe even a glimpse of the water from some angles. Units 1, 3 and 4 have access through the drive under garage. Currently the 6 parking spaces are allocated: Unit 2 has 1, Unit 3 has 3 and Unit 4 has 2. Each unit has separate utilities that tenants pay. Building has fire suppression system. Residential leases are through June 2025. Commercial leases are through November 2025. Each unit has own heating system and water heater. Staircase inside building to access roof. Property zoning is B-3 (General Business). Some photos are from previous years between tenant occupancies. Prequalification letter is required for showings. Prequalification letter and non-disclosure agreement is required to review lease information. Year Built: Foundation is original from 1900. Main level was constructed in 2010. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyer's taxes will be the same as seller's present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Sellers/Tenants may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

Location

State MI

County Houghton

Area Houghton (31014)

Zoning Commercial

Rooms

Basement Block, Partial, Stone

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Interior Features Fire Sprinkler

Heating Forced Air

Cooling Central A/C

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Exterior Feature Other

Parking Features Basement Access, Electric in Garage

Garage Spaces 6.0

Building

Lot Description Platted

Story 1 Story

Foundation Basement

Water Public Water

Structure Type Other

Schools

School District Houghton-Portage Twp Schools

Others

Ownership LLC

SqFt Source Estimated

Energy Description Natural Gas

Financing Cash,Conventional

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by CENTURY 21 AFFILIATED
agent

ILink Real Estate Co

License ID: 2014002630

+1(419) 277-7127

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208 E Montezuma Avenue