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521 E F, Iron Mountain, MI 49801

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For Sale

$224,000

5 beds • 3 baths • 2,380 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $94.12
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Three-Unit Income Property Iron Mountain s East Side Don t miss this excellent investment opportunity! This property features a nicely remodeled duplex along with a separate single-family residence all fully rented to long-term tenants at strong rental rates that generate solid cash flow. The lower unit of the duplex has been taken down to the studs and completely rebuilt with a brand-new kitchen, bathroom, wiring, drywall, windows, and more. Both duplex units offer two bedrooms and one bathroom. Tenants also enjoy access to coin-operated laundry and additional storage space in the basement. The single-family residence has been fully updated inside and features one bedroom plus storage space in the drive-under garage. All rents include landlord-paid utilities, making this a simple and efficient property to manage. Whether you re expanding your portfolio or looking for a reliable income stream, this property offers a turnkey investment in a desirable East Side location.
MLS# 50183682

Courtesy Of Key Realty Delta County
928 N Lincoln Road, Escanaba, MI 49829
(906) 233-7455

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 521 E F, Iron Mountain, MI 49801

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Monthly Payment Breakdown

  • Principle and Interest
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Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.

† Based on a 30-year fixed rate of 3.38% 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.

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