$459,000

1025 Country Ln Ishpeming, MI 49849

Estimated payment $2,449/month

Total Views 8,913
5 Beds
3.5 Baths
3,600 Sq Ft
$128 Price per Sq Ft

Highlights

  • Furnished
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Private Entrance

About This Home

Welcome to this stunning, completely transformed commercial property offering roughly 3,600 square feet of modern living space. This fully renovated building has been taken down to the studs and reimagined with all-new electrical and plumbing, offering two beautifully furnished units. The first suite features a spacious one-bedroom, one-bath layout that sleeps 4 people, perfect for a cozy retreat. The second suite boasts a generous four-bedroom, two-and-a-half-bath design, ideal for larger groups that can accommodate up to 14 people. Both suites come fully furnished, with all new stylish and contemporary finishes throughout, ready to generate income immediately as an Airbnb or short-term rental. Situated in the heart of town, this property is just minutes away from outdoor adventures with nearby snowmobile trails, local restaurants, a popular brewery, and a bowling alley for entertainment. Whether you’re looking to host guests seeking a quiet getaway or those eager to explore the vibrant local attractions, this property is a prime destination for any traveler. Being sold as a package deal (total price for both buildings is $809,000), is the neighboring building that has been remodeled similarly to this one! Currently one three-bedroom, two-bath suite is finished and fully furnished while the second suite is currently unfinished, however, the seller will complete the build-out with a full price offer, so all you will need to do is furnish it. The property is zoned general commercial, allowing for short-term rentals; buyers should verify with the city regarding long-term rental use. Please see 1035 Country Lane for more details. Don’t miss out on this turnkey investment opportunity in a sought-after location!

Listing Agent

Steve Pelto

LOOK REALTY License #UPAR Listed on: 01/31/2025

Co-Listing Agent

TIFFANY BOWMAN

LOOK REALTY License #UPAR-6501391824

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36

Year Built

  • Built in 1996

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 92x143
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Window Treatments
  • Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Lighted Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 2 Units
  • Country Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-51-704-004-32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Other
  • Year Built: 1996
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Window Treatment(s), Furnished
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Bathroom Description: Master Bedroom Bath
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, First Floor Laundry, First Floor Mstr Bedroom, Living Room, Master W/Bath
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 3600
  • Half Bathrooms: 1

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Frontage: 143
  • Foundation Type: Slab
  • Roads: City/County, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces, Lighted

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Private Entry

Lot Info

  • Assessor Parcel Number: 52-51-704-004-32
  • Lot Dimensions: 92x143
  • Acreage: 0.31
  • Zoning: Commercial
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Electric, Gas, Snow Removal, Trash Removal, Water/Sewer

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36 $106,400 $0 $0
2024 $36 $90,150 $0 $0
2023 $834 $83,400 $0 $0
2022 $6,750 $101,900 $0 $0
2021 $6,556 $101,900 $0 $0
2020 $6,521 $101,900 $0 $0
2019 $6,436 $100,400 $0 $0
2018 $6,943 $108,800 $0 $0
2017 $6,775 $106,700 $0 $0
2016 $3,747 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 For Sale $459,000 -- $128 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 Murphy F Gregory
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Source: Public Records

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50172655

Upper Peninsula Association of REALTORS®

APN: 52-51-704-004-32