• Listing status icon

    $250,000

  • Active | MLS#: 1105693

296 M35 Gwinn, MI 49841

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Overview

Listing is for both 296 and 318 M-35. Two buildings totaling 15 Units. 296 M-35 has eight units. Four, 2 bed, 1 bath renting for $400/per mo. Four, 1 bed, 1 bath, three renting for $375 and one for $350. Possible income is $36,900 annually plus laundry income. 318 M-35 has seven units. Two, 1 bed, one renting for $350 & one renting at $425 (incl electricity), Four, 2 bed renting for $400, & one, 3 bed renting for $475 for a possible income of $33,600 annually + laundry income. Total potential income is $70,500.00. Buildings are in process of being updated. Electric heat has been replaced with natural gas hot water heat in most units. Many floor coverings have been replaced. Some have new appliances. Most have been painted. Some additional work still needs to be completed but can make for a great investment.

Listing provided courtesy of: RE/MAX 1ST REALTY

General Features

  • Style 2 Story
  • County Marquette
  • Approx Year Built 1978
  • Area Forsyth, Central/East 52

Building Features

  • Basement Partial
  • Cable No
  • Electric Yes
  • Extras Laundry Facilities, Porch/Deck/Patio
  • Exterior Hardboard
  • Foundation Block
  • Heat Natural Gas Hot Water
  • Natural Gas Yes

Property Features

  • ROAD ACCESS Year Round
  • Shoreline Not Applicable
  • SEWER Septic
  • Total Num of Buildings 2

Schools

  • School District Gwinn

Listing agent photo

David Stefan

906-236-9412RE/MAX 1st Realty

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Price & Status History

Days on Market

  • This property has been listed on the market for 15 days

Location

The property map location is: Accurate, based on Google's address match.
Listing agent photo

David Stefan

906-236-9412RE/MAX 1st Realty

Ask A Question

Community Demographics for Zip Code 49841 (Gwinn)

Housing Occupancy
  • Home Owners: 1,615 (35%)
  • Renters: 982 (21%)
  • Vacant: 1,973 (43%)
  • Total Housing Units: 4,570
Households
  • Average Household Size: 2.48
  • Housing Density (People per square mile): 34
Age Range (number of people)
  • Age 0-14: 1,138
  • Age 15-24: 892
  • Age 25-39: 1,268
  • Age 40-59: 1,599
  • Age 60-79: 1,257
  • Age 80+: 289
  • Total: 6,443

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 49841 (Gwinn)

Public Schools in Zip Code 49841 (Gwinn)

* This list of schools may not match the property above.

GWINN HIGH SCHOOL 50 WEST M-35 GWINN, MI 49841 Phone: 9063469247 9th-12th
Grade Size Distribution
  • 9th: 107
  • 10th: 114
  • 11th: 111
  • 12th: 95
School Population
  • Teachers: 25
  • Students per Teacher: 17.1
  • Students: 427
  • Male/Female: 218/198
School District
  • GWINN AREA COMMUNITY SCHOOLS
  • 50 WEST M-35 GWINN, MI 49841
  • Phone: 9063469283
District Population
  • Schools: 5
  • Full-Time Teachers: 84
  • Students per Teacher: 15.7
  • Staff: 159
  • Students: 1330
GWINN MIDDLE SCHOOL 135 WEST GRANITE ST GWINN, MI 49841 Phone: 9063465914 7th-8th
Grade Size Distribution
  • 7th: 105
  • 8th: 117
School Population
  • Teachers: 15
  • Students per Teacher: 14.8
  • Students: 222
  • Male/Female: 109/108
School District
  • GWINN AREA COMMUNITY SCHOOLS
  • 50 WEST M-35 GWINN, MI 49841
  • Phone: 9063469283
District Population
  • Schools: 5
  • Full-Time Teachers: 84
  • Students per Teacher: 15.7
  • Staff: 159
  • Students: 1330
GEORGE D. GILBERT ELEM. SCHOOL 250 WEST IRON ST GWINN, MI 49841 Phone: 9063465726 K-6th
Grade Size Distribution
  • Knd: 51
  • 1st: 39
  • 2nd: 31
  • 3rd: 36
  • 4th: 46
  • 5th: 54
  • 6th: 54
School Population
  • Teachers: 19
  • Students per Teacher: 16.4
  • Students: 311
  • Male/Female: 157/153
School District
  • GWINN AREA COMMUNITY SCHOOLS
  • 50 WEST M-35 GWINN, MI 49841
  • Phone: 9063469283
District Population
  • Schools: 5
  • Full-Time Teachers: 84
  • Students per Teacher: 15.7
  • Staff: 159
  • Students: 1330
K.I. SAWYER ELEMENTARY SCHOOL 411 SCORPION ST GWINN, MI 49841 Phone: 9063465567 K-6th
Grade Size Distribution
  • Knd: 59
  • 1st: 43
  • 2nd: 59
  • 3rd: 54
  • 4th: 50
  • 5th: 36
  • 6th: 48
School Population
  • Teachers: 26
  • Students per Teacher: 13.4
  • Students: 349
  • Male/Female: 180/168
School District
  • GWINN AREA COMMUNITY SCHOOLS
  • 50 WEST M-35 GWINN, MI 49841
  • Phone: 9063469283
District Population
  • Schools: 5
  • Full-Time Teachers: 84
  • Students per Teacher: 15.7
  • Staff: 159
  • Students: 1330

* School data provided by US Department of Education


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Upper Peninsula Board of REALTORS®. IDX Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Upper Peninsula Board of REALTORS®.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional