9 months on rocket

400 Michelle Ln, Baraga, MI, 49908

$240,000

Home List Price

$2,850*

Closing Credit

8 Bedrooms
4 Full Baths
3,200 SqFt
$75/SqFt
Multi
Schools Nearby

Location

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400 Michelle Ln, Baraga$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 or More Spaces
Year Built1996
HeatingBaseboard
CoolingWall/Window Unit(s)
WaterfrontNone
ViewNone
MLS #50115841
Lot Size1.50 Acres
StatusActive

About 400 Michelle Ln

Here is a great investment opportunity with this very nice 4 unit apartment building! The building has been well cared for and is in the process of getting a new roof! The units have a long, steady rental history with all units being currently occupied. The current rental income is $400/month per unit with a month to month lease agreement. The utilities are the responsibility of the tenants. Each unit features an open concept kitchen/Livingroom, 2 bedrooms and 1 bathroom. The master bedroom includes a sliding glass door accessing the patio area and very large back yard. This property is located in a desirable area and at the end of a dead-end street!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1996
  • Stories: 1
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: UP NORTH REALTY
  • Office Phone: (906) 524-2211
  • Listing Agent: ANNIE CRANFORD

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Patio, Sidewalks

Parking Information:

  • Parking: 3 or More Spaces

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

School Info

School District Information:

  • School District: Baraga Area School District

Other

Directions Information:

  • Directions: From the Baraga Drive-in turn left onto Wadaga Road 0.3 miles turn right onto Buckland Drive follow until road turns into Michelle Lane property at end of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $75/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.8%
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MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50115841

Listing Office:

  • Office Name: UP NORTH REALTY
  • Office Phone: (906) 524-2211
  • Listing Agent: ANNIE CRANFORD

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: 5/3/2024, 7:20:42 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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.

Nearby Schools

school-card-donut-5207038
4
/10

  • South Range Elementary School

  • 2 Whealkate Dr

  • 22.02 miles

  • Public District Grades KG-6

school-card-donut-5207039
7
/10

  • Houghton Elementary School

  • 203 W Jacker Ave

  • 24.35 miles

  • Public District Grades KG-5

school-card-donut-5207040
7
/10

  • Barkell Elementary School

  • 1201 N Elevation St

  • 25.76 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,133. Typical income of Baraga County, MI residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Baraga County›Baraga›49908›400 Michelle Ln

This home is located at 400 Michelle Ln in Baraga, MI and zip code 49908. This 3,200 square foot home, which was built in 1996, sits on a 1.50 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 19, 2023 and is currently priced at $240,000.

The inventory of homes for sale in Baraga County, MI between March 2024 and April 2024 increased by 50%. In April 2024, listings were on the market for 166 days. During the same period, the median list price in this real estate market was $425,000.

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

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