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2050 WRIGHT STREET
MARQUETTE, MI 49855

MLS # 50126635
MULTIFAMILY: MULTI-FAMILY

 
 
ADDITIONAL PHOTOS (click to enlarge)
 
ABOUT THE PROPERTY
12 unit Investment opportunity within Marquette City limits less than a mile from Northern Michigan University. Property is just a few minutes drive to just about everything the City of Marquette has to offer. Within walking/biking distance to NMU, Lake Superior, The Superior Dome and many stores, shops and restaurants! And its nearly on top of the biking trail system. Seller has done extensive renovations to the majority of the units and has increased rents since purchase in 2021 to market value with more potential for growth. Property consists of a four bedroom house, 6 dwellings that are a mix of one to two bedrooms, and five efficiency apartments. Two of the original units were demolished and removed for additional parking and driveway to rear units. Property has plenty of room for improvements for tenant amenities etc.. to increase the appeal for prospective tenants and continued growth for the investor. The possibilities are endless!
 
 
MAP (Approximate Location)

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LOCATION
2050 WRIGHT STREET
Marquette, MI 49855

County: Marquette
School District: Marquette Area School District
Property Tax Area: Marquette (52016)

Waterfront: No
Water View:
Shoreline:

Road Access:

Listing Office:
RE/MAX Douglass Real Estate
Listing Agent:
Coon, Mark

Directions:
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DETAILS
Price
$949,000

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Total Buildings
Number of Units 12.00
Total Building Square Feet 6000.00
Acres (Approx.) 2.42
Lot Dimensions 317
Year Built (Approx.) 1960
Status: Active
 
 
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EXPANDED DETAILS
Number of Levels 1 Story
 
BUILDING & CONSTRUCTION

Foundation: Basement,Crawl,Piller/Post/Pier

 

Basement: MI Basement,Partial,Other

Construction: Vinyl Siding

Garage:

Fireplace:

 

Exterior:

Outbuildings:

 

Accessibility:

 
UTILITIES, HEATING/COOLING

Sewer: Community

Water: Public Water

Heat: Natural Gas: Forced Air,Space Heater

 

Air Conditioning:

 
 
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