Cheapest House of the Day – c.1895 Michigan Upper Peninsula 4-Plex FSBO $20K
OHU50K Notes $20,000
Cheapest House of the Day – c.1895 Michigan Upper Peninsula 4-Plex FSBO. Come with a hammer and tools because it needs work. But with that price tag and the location, it’s a great deal.
Realtor Comments
Handyman’s special! 4 (DUPLEX UPSTAIRS/DOWNSTAIR SCOMPLEX 4 (2bd and 1 bedroom, 2 bath home situated on a quiet, dead-end street on the North Side. Features include 2 bedrooms and 1 bath on the main level and 1 bedroom and 1 bath on the upper level. needs some plumbing work, n tlc, Here’s your chance to snap up some really affordable real estate and make it your own! SOLD AS IS.
- 4 beds
- 2 bath
- 1,025 sqft
- 6,098 sqft lot
- Build date 1910
422 Pewabic St, Iron Mountain, MI 49801 $20,000
- Contact Realtor: Property Owner (810) 336-0468
- Google Map
- Niche
Pros
Affordable housing
- Home prices are generally below the U.S. average and lower than in much of lower Michigan.
- Buyers can often find single-family homes with larger lots at reasonable prices.
Access to nature
- The area is surrounded by forests, lakes, rivers, and public land.
- Popular activities include:
- Hiking
- Fishing
- Hunting
- Boating
- Camping
- Snowmobiling
- Cross-country skiing
Four-season recreation
- Summers are pleasant and not overly humid.
- Fall colors are spectacular.
- Winter is ideal for snow sports, thanks to consistent snowfall.
Regional services
- Iron Mountain has more shopping, restaurants, healthcare, and schools than many Upper Peninsula communities.
- Marshfield Medical Center–Dickinson provides a range of medical services.
Small-town atmosphere
- Residents often describe the community as friendly and welcoming.
- Traffic is light, and commutes are usually short.
Good air quality and dark skies
- The region offers clean air, low light pollution, and excellent opportunities for stargazing.
Cons
Long, snowy winters
- Winter typically lasts several months.
- Heavy snowfall means regular snow removal and winter driving are part of daily life.
Limited job market
- Major employers include healthcare, education, manufacturing, retail, and government.
- Specialized careers and large corporate employers are limited.
Remote location
- While Iron Mountain has a regional airport, reaching larger metropolitan areas usually requires a long drive or connecting flights.
- Major shopping destinations are several hours away.
Limited nightlife
- There are local restaurants, breweries, and community events, but the entertainment scene is much smaller than in larger cities.
Population growth
- Like many Upper Peninsula communities, population growth has been modest, which can limit new development and amenities.
Car dependency
- A personal vehicle is the most practical way to get around.
- Public transportation options are limited.
