$529,900
SOLD AUG 11, 2022

2050 Wright St Marquette, MI 49855

19 Beds
16 Baths
5,590 Sq Ft
2.38 Acres

Recently Sold

$95 Per Sq Ft

1 Day on Market

Highlights

  • 2.38 Acre Lot
  • Sandy Knoll School Rated A-
  • Space Heater

About This Home

As of February 2024

Huge Investment Opportunity: With 12 rental units closely located to Northern Michigan University (lots of college students who need housing) this is a great way to expand your investments. These 12 apartments hold 17 bedrooms, 2 studios, 2 two bedrooms, 7 single bedrooms and a large 4 bedroom. On nearly 2.5 acres many tenants have their own yard, a sought-after amenity for many renters. Current tenants have a good rental history, and there has not been any trouble finding newcomers. A large, oversized shed provides space for any equipment you may want to store here. A property such as this is hard to find in Marquette, so come take a look yourself! (Additional two units that need some TLC could be made up for more income)

Last Agent to Sell the Property

Nick Racine

RE/MAX 1ST REALTY License #UPAR Listed on: 06/15/2022

RE/MAX 1ST REALTY

Last Buyer's Agent

Mark Coon

RE/MAX DOUGLASS R.E.-H License #UPAR

RE/MAX DOUGLASS R.E.-H

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 2.38 Acre Lot
  • Lot Dimensions are 316.5x327

Parking

  • Unassigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Vinyl Siding
  • Composite Building Materials

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 16 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Space Heater
  • Boiler Heating System
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Community Sewer or Septic

Additional Features

  • Basement

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 0510390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Total Tax Amount: 5795.18
  • Total Tax Year: 2021
  • Year Built: 1960
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Bedrooms: 19
  • Full Bathrooms: 16
  • Total Bathrooms: 16
  • Estimated Sq Ft: 5590

Exterior Features

  • Construction: Vinyl Siding, Composition
  • Foundation Type: Basement, Crawl, Piller/Post/Pier
  • Roads: Year Round

Garage/Parking

  • Parking: Unassigned/General

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Wall Heat, Boiler, Space Heater
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Community

Lot Info

  • Assessor Parcel Number: 0510390
  • Lot Dimensions: 316.5x327
  • Acreage: 2.38
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2021, Amount: $5,541.87
  • Winter Tax: Year: 2021, Amount: $254.31
  • Total Tax: Year: 2021, Amount: $5,795.18

Multi Family

  • Total Units: 12

MLS Schools

  • School District: Marquette Area School District

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

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $787,500 -17.0% $131 / Sq Ft
11/27/2023 11/27/23 Price Changed $949,000 -5.0% $158 / Sq Ft
11/01/2023 11/01/23 For Sale $999,000 +14.2% $167 / Sq Ft
11/01/2023 11/01/23 Price Changed $875,000 +65.1% $146 / Sq Ft
08/11/2022 08/11/22 Sold $529,900 0.0% $95 / Sq Ft
06/15/2022 06/15/22 For Sale $529,900 -- $95 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Coon

    Seller's Agent in 2024

    Mark Coon

    RE/MAX DOUGLASS R.E.-H

    (906) 281-4197

    2 in this area

    156 Total Sales

    Section Image
  • Nick Racine

    Seller's Agent in 2022

    Nick Racine

    RE/MAX 1ST REALTY

    (906) 250-7229

    39 in this area

    287 Total Sales

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50078525

Upper Peninsula Association of REALTORS®

Michigan Marquette County Marquette 49855

2050 Wright St, Marquette, MI

This home is located at 2050 Wright St, Marquette, MI 49855 and is currently priced at $529,900, approximately $94 per square foot. This property was built in 1960. 2050 Wright St is a home located in Marquette County with nearby schools including Sandy Knoll School, Bothwell Middle School, and Marquette Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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