$140,000
UNDER CONTRACT

402 N Albany St Ironwood, MI 49938

Estimated payment $923/month

Total Views 2,041
5 Beds
2 Baths
1,972 Sq Ft
$71 Price per Sq Ft

Highlights

  • Deck
  • Main Floor Bedroom
  • 1 Car Direct Access Garage
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

Investment or Owner-Occupant Opportunity! Don’t miss this opportunity to own a large, two-story home with potential! This versatile property currently features two separate units with private entrances, making it ideal for owner-occupants, investors, or multi-generational living. Interior staircase allows for a seamless transition for a single or multi family home. Unit 1 (Main Floor) offers 2bedrooms, 1 full bath, a cozy enclosed front porch, and an eat-in kitchen. Unit 2 (Upper Level) includes 3 bedrooms, 1 bath, a bonusroom ideal for a home office, craft room, playroom and an updated kitchen with new cabinets/butcher block counters. Several updates have been done along with new electrical panels. A unique bonus space – the property includes a former neighborhood grocery store that’s been gutted and is ready for your vision! Use it as a workshop, garage, studio, home office, or convert it into additional livingspace. There’s also a large deck and a one-car attached garage. Set on a corner lot in a friendly, quiet neighborhood with new roads andsidewalks, the property is just minutes from walking and motorized trails and close to downtown and the Wisconsin border, offering easy access for outdoor recreation. Whether you’re looking for a dual rental income property, a spacious single-family conversion, or a place to live and work, this home may check those boxes!

Listing Agent

Gayle Colassaco

FIRST WEBER, INC License #UPAR Listed on: 07/02/2025

FIRST WEBER, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1895

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 79x108
  • Corner Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Wood Flooring
  • Basement
  • Stone Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Radiator
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-22-301-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,779

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units, Investment, Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 2 Story
  • Total Tax Amount: 1959
  • Year Built: 1895
  • Mail City: Ironwood
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Poured, Stone
  • Bedrooms: 5
  • Bedroom 1: On Main Floor, Dimensions: 11 x 9
  • Bedroom 2: On Main Floor, Dimensions: 14 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 16 x 11
  • Bedroom 4: On Upper Floor, Dimensions: 14 x 11
  • Bedroom 5: On Upper Floor, Dimensions: 11 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Room Types: Entry, First Floor Bedroom, Second Flr Full Bathroom, Eat-In Kitchen
  • Below Grade Sq Ft: 1084
  • Above Grade Finished Sq Ft: 1972
  • Total Finished Sq Ft: 1972

Exterior Features

  • Exterior: Cedar, Wood
  • Exterior Features: Deck, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 79
  • Road: City/County
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Direct Access
  • Garage Spaces: 1
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Boiler, Radiator
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 52-22-301-160
  • Zoning: Residential
  • Lot Dimensions: 79x108
  • Acreage: 0.2
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, City Limits

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,779.00
  • Winter Tax: Year: 2022, Amount: $180.00
  • Taxable Value: 56644
  • Total Tax: Amount: $1,959.00
  • SEV Year: 2024

MLS Schools

  • School District: Ironwood Area Schools

Map

Range of Values:

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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
2024 $1,779 $47,376 $47,376 $0
2023 $1,875 $41,196 $41,196 $0
2022 $1,842 $37,320 $37,320 $0
2021 $1,842 $36,184 $36,184 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $39,323 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $140,000 +100.0% $71 / Sq Ft
11/01/2024 11/01/24 Sold $70,000 -22.1% $38 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $89,900 -- $48 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $68,554 None Listed On Document
Source: Public Records

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 50181009

Upper Peninsula Association of REALTORS®

APN: 52-22-301-160