2 months on rocket

123 W Barnum St, Ishpeming, MI, 49849

$185,000

Home List Price

$2,197*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
3,026 SqFt
$61/SqFt
Multi
Schools Nearby

Location

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123 W Barnum St, Ishpeming$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 or More Spaces, Garage
Attached Garage2 spaces
Year Built1898
HeatingHot Water
BasementYes
WaterfrontNone
ViewNone
MLS #50134389
Lot Size0.33 Acres
StatusActive

About 123 W Barnum St

Introducing a unique commercial property offering an exceptional blend of versatility and potential. Nestled on a corner lot, this commercial building boasts a distinctive character, featuring a spacious main floor that was previously utilized as a funeral home. The main floor layout offers a myriad of possibilities including turning into a duplex or triplex but currently large open area previously a funeral parlor. Adding to its allure, the property includes a generously sized two-bedroom or three bedroom ( walk though) apartment on the upper level, providing an excellent opportunity for additional income or comfortable living quarters. This dual-purpose layout caters to a variety of investment strategies, making it an ideal prospect for savvy entrepreneurs and investors. The property further enhances its appeal with a convenient extra gravel lot for parking, ensuring ease of access for customers or clients. A noteworthy feature is the oversized two-car garage, offering ample storage or additional parking options. The back deck area provides an inviting space for outdoor activities or potential expansion. Don't miss the chance to explore the potential and possibilities this versatile property has to offer. Property is also listed under commercial, MLS #50129762.

Property Details

Property Features

Property Information:

  • Year Built: 1898
  • Stories: 2
  • Living Area: 3,026 SqFt

Listing Office:

  • Office Name: NEXTHOME SUPERIOR LIVING
  • Office Phone: (906) 214-4267
  • Listing Agent: BENJAMIN ARGALL

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 3 or More Spaces, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk, Unpaved
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

School Info

Assigned Schools Information:

  • Ishpeming High School, Public District Grades 9-12
  • Ishpeming Middle School, Public District Grades 5-8
  • Birchview School, Public District Grades KG-4

School District Information:

  • School District: Ishpeming Public School District

Other

Directions Information:

  • Directions: US 41 to Lakeshore Drive, Left onto Hematite Drive, Left onto lake Street, Right onto Barnum Street. Property on the corner

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $61/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $3,133
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Ishpeming, MI.

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Ishpeming, MI

City

Med. List Price

$159.9K

Med. Price/SqFt

$107

Avg. Days On Market

64

# of Sold Homes

1

123 W Barnum St vs Ishpeming

60 DAYS ON ROCKET

-4 Days

$185,000

+$25K More

$61/SqFt

-$47 Less

KEY TAKEAWAY

This property is $25K more than the Median List Price and $47/SqFt less than other homes in Ishpeming, MI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50134389

Listing Office:

  • Office Name: NEXTHOME SUPERIOR LIVING
  • Office Phone: (906) 214-4267
  • Listing Agent: BENJAMIN ARGALL

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 2:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $54,300
2020 - $52,500
2019$3,133$51,550
2018$4,308$50,650
2017$4,054$49,350

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1319642
7
/10

  • Birchview School

  • 663 Poplar St

  • 1.38 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1319643
4
/10

  • Ishpeming Middle School

  • 324 E Pearl St

  • 0.23 miles

  • Public District Grades 5-8

High School

school-card-donut-1319644
5
/10

  • Ishpeming High School

  • 319 E Division St

  • 0.25 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,962. The most common annual income of people living in Ishpeming, MI is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Marquette County›Ishpeming›49849›123 W Barnum St

This home is located at 123 W Barnum St in Ishpeming, MI and zip code 49849. This 3,026 square foot home, which was built in 1898, sits on a 0.33 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $185,000.

The inventory of homes for sale in Ishpeming, MI between February 2024 and March 2024 increased by 77.8%. In March 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $159,950.

From Rocket Homes Real Estate and based on county public records data.

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