$269,900
8 beds 2 baths
47.121005506 -88.565601738

205 Portage St. Houghton, MI 49931

$269,900
Est. Monthly $1,372 recalculate
8 beds 2 baths
 

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906.­482.0001
CENTURY 21 North Country Agency
1100 Century Way, Suite C Houghton, MI 49931
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205 Portage St.
Houghton, MI 49931

Explore This Property

Other Residential - A fabulous location with close proximity to Michigan Tech's campus and the convenience of being close to downtown Houghton! This 8 bedroom, 2 bathroom home has a fantastic rental income. Being licensed for 8 occupants by the City of Houghton and zoned multi-family it is a great investment property. Rental income for the 2017-2018 school lease year is $385 per person for a monthly total of $3,080. Tenants pay their utilities. The owner has invested back into this property with a new roof and siding in 2015. Parking isn't an issue as there is a nice side lot were tenants can park comfortably. SPECIAL OPPORTUNITY - SELLER OFFERING DISCOUNT IF this property, is purchased simultaneously with 404 Hancock Ave (MLS: 1098105)! 1st Level: 2 bedrooms; 2nd Level 4 bedrooms; 3rd Level 2 bedrooms. Approximate room sizes continued: Bedroom 6: 11x11 Level 2; Bedroom 7: 15x9 Level 3; Bedroom 8: 12x14 Level 3. Also listed under MLS 1101389.
MLS # 1101389
Listed By CENTURY 21 North Country Agency
1100 Century Way, Suite C, Houghton, MI 49931

Property Features

  • Age: Over 50 Years Old
  • Appliances: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
  • Basement: Partial
  • Heating - Fuel Type: Gas
  • Heating Type: Radiator
  • Road Type: City / Town Street
  • Sewer: City
  • Style: 2 Story
  • Water: City Water

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $1,372Your estimated monthly payment
    $53,98020% Down Payment
    $269,900 $242,910
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    HOUGHTON ELEMENTARY SCHOOL
    Grades K-5 | Public School

    HOUGHTON, MI 49931
    203 W JACKER AVE
    906-482-0456
    0.6
    miles

    Total Students 611
    Student Teacher Ratio 20:1

    School Rating

    5 stars View School Details
    Middle School
    HOUGHTON MIDDLE SCHOOL
    Grades 6-8 | Public School

    HOUGHTON, MI 49931
    1603 GUNDLACH RD
    906-482-4871
    0.8
    miles

    Total Students 400
    Student Teacher Ratio 27:1

    School Rating

    4 stars View School Details
    High School
    HOUGHTON CENTRAL HIGH SCHOOL
    Grades 9-12 | Public School

    HOUGHTON, MI 49931
    1603 GUNDLACH RD
    906-482-0450
    0.8
    miles

    Total Students 418
    Student Teacher Ratio 14:1

    School Rating

    5 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Career And Technical Education 0.7 mi Public 9-12
    Hancock Middle School 1.7 mi Public 6-8
    Hancock Central High School 1.7 mi Public 9-12
    Barkell Elementary School 1.8 mi Public K-5
    Copper Country Learning Center 2.2 mi Public K-12
    Dollar Bay High School 2.6 mi Public K-12
    T.r. Davis Elementary School 2.6 mi Public K-6
    Copper Country Christian School 3.6 mi Private PRESCHOOL-12
    Copper Country Christian School 3.6 mi Private PRESCHOOL-12
    E.b. Holman Elementary School 4.7 mi Public K-8
    South Range Elementary School 5.2 mi Public K-6

    Local Area Information for Houghton, MI 49931

    Median Age: 24.3
    Married: 26.7%
    Number of Households: 3,088
    Households with Children: 631
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
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      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.