For Sale
$248,900

E6280 Snowdrift St Bessemer, MI 49938

Five-unit rental, ski resort proximity

Overview

Added:
Dec 11, 2024
Days on market:
133
This attractive, fully furnished apartment building in Bessemer, Michigan presents a compelling investment opportunity. Located near Big Powderhorn Mountain Resort, the property features five units: four one-bedroom, one-bathroom apartments and a third-floor unit adaptable as a one-bedroom plus den or common area. All units have separate entrances. Units 1-4 boast open-concept living rooms with wood-burning fireplaces, kitchens with appliances, bedrooms, and full baths, plus patio doors leading to a deck. Interlocking interior doors connect these units, and Unit 1 includes a stackable washer/dryer. The third-floor apartment offers an open concept design with kitchen, dining, living, bedroom, and den, showcasing mountain views. A detached building houses a hot tub and changing area. Units 1-4 utilize natural gas heat and have individual electric meters. The property includes a private well, newer windows, charming wood beams and ceilings, and a backyard setting with a deck and firepit. Ample parking is available. Recent improvements include a new roof and a crawlspace dehumidifier system. Each unit features a new smart TV, updated light fixtures, and refreshed decor and furnishings. The 1,920 square foot building sits on a 0.27-acre lot and was built in 1973. This three-story building offers diverse potential uses, including long-term or short-term rentals, conversion to condominiums, or personal use with rental income from other units. The asking price is $248,900.

Highlights

  • Fully furnished, five-unit apartment building in Bessemer, MI, near Big Powderhorn Mountain Resort.
  • Four one-bedroom, one-bathroom units and one adaptable unit (one-bedroom plus den/common area).
  • All units have separate entrances, open-concept layouts, and patios/decks.
  • Amenities include a hot tub, firepit, and ample parking.
  • Recent updates include a new roof, crawlspace dehumidifier, smart TVs, and refreshed decor.
  • 1,920 sq ft building on a 0.27-acre lot, built in 1973, priced at $248,900.

Property Details for E6280 Snowdrift St

Property type
Apartment buildings
Square Feet
1,920 SF
Year Built
1973
Buildings
1
Stories
3
Lot Size (sq. ft)
11,761 SF
Units
5

Location Insight

City
Bessemer
County
Gogebic
State
Michigan
Latitude
46.512156827951
Longitude
-90.094179190043

FAQs

What type of property is this?
Apartment building - Five-unit rental, ski resort proximity
Where is the apartment building located?
The property is located at E6280 Snowdrift St Bessemer, MI.
What is the asking price?
The asking price for this property is $248,900.
What are key features of this property?
This property features: Fully furnished, five-unit apartment building in Bessemer, MI, near Big Powderhorn Mountain Resort.; Four one-bedroom, one-bathroom units and one adaptable unit (one-bedroom plus den/common area).; All units have separate entrances, open-concept layouts, and patios/decks.
How can I contact the broker?
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E6280 Snowdrift St
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