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$89,900   Price Analysis
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416 Cherry St
Negaunee, MI 49866
2 bed 1 bath 877 SqFt ($102/SqFt)
4,356SqFt lot. Built 1900
Listed 2024-04-26, Taxes $1,269
USDA Eligible
near Negaunee, MI
 

Looking for an investment opportunity? This quaint two bedroom

One bathroom home offers not cozy living, but also fantastic potential for generating rental income. With its hardwood floors, natural gas space heater and sizeable layout, this property might make not a first home, but a smart investment choice! Updated stainless appliances are in the kitchen and plenty of room for additional cabinetry. Check out the pantry and the sweet little room that would make a great coffee bar or small office.

Trap door in the kitchen leads down the the basement where you'll find the updated electrical and water heater. Entire interior has been freshly painted and cleaned. While the yard may be small, it provides enough space for low maintenance outdoor enjoyment, perfect for those seeking hassle free living. With some attention to detail, the siding could be refreshed or replaced to give this exterior a frsh, modern look. You'll appreciate the convenience of the 26x26 two car garage across the alley, providing additional storage space and parkin g.


Presented by Kristine Goupille at
RE MAX 1st Realty.
Listing Agent Photo

Property MLS #50140068 from UpperPeninsula

Bedrooms: 2
Bedroom 1 Dimensions: 9 x 10
Bedroom 2 Dimensions: 12 x 13
Bedroom 1 Level: Second
Bedroom 2 Level: Second

Total Rooms: 8
Living Room
Basement Features: Partial
Living Room Dimensions: 15 x 16
Living Room Level: Main

Hardwood Floors

Range/Oven
Refrigerator

Cooling Features: Ceiling Fan(s)
Heating Features: Space Heater
Heating Fuel: Natural Gas
Water Heaters: Gas

Full Bathrooms: 1
Bathroom 1 Dimensions: 8 x 6
Bathroom 1 Level: Second

Dining Room Dimensions: 10 x 10
Dining Room Level: Main
Kitchen Dimensions: 10 x 13
Kitchen Level: Main

None (ExteriorFeatures)
Frontage Length: 30
Frontage Type: Road
Roads: City/County, Paved Street, Year Round

Corner Lot
City Limits
Lot Size Acres: 0.1
Lot Size Dimensions: 30x75
Lot Size Square Feet: 4356

Garage Spaces: 2
Garage Description: Detached Garage
Parking Features: 3 or More Spaces, Garage
Garage Dimensions: 26 x 26

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Lakeview Elementary
High School: Negaunee High School
Middle School: Negaunee Middle School
School District: Negaunee Public Schools

Negaunee Middle School is a public elementary and middle school located approximately 0.4 miles away.
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Negaunee High School is a public high school located approximately 0.7 miles away.
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Marquette SDA Elementary School is a private elementary and middle school located approximately 3.9 miles away.
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Annual Tax Amount: 1364
Source Listing Status: Active
Directions: US 41 W to Negaunee. South on Baldwin. Left on Cherry St. Right off of Cherry towards alley. House is on the corner.
Tax Year: 2023
Ownership: Private
Source Property Type: Single Family
Home Warranty: No
Area: Negaunee (52021)
Source Neighborhood: Corbits Add
Subdivision: Corbits Add
Zoning Description: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$30,200
$1,269
2021$unknown + $unknown
$26,950
$1,231
2020$unknown + $unknown
$26,150
$1,203
2019$unknown + $unknown
$25,600
$1,181
2018$unknown + $unknown
$22,800
$1,161
2017$unknown + $unknown
$22,950
$1,141
2016$unknown + $unknown
$22,500
$1,125
2015$unknown + $unknown
$22,100
$1,089
2014$unknown + $unknown
$20,400
$1,815
2013$unknown + $unknown
$19,850
$1,053
2012$unknown + $unknown
$19,700
$1,029
2010$unknown + $unknown
$20,600
$284

Listed 2024-04-26
$89,900
UpperPeninsula

Total Square Feet Living: 877
Building Exterior Type: Aluminum
Other Buildings: None (OtherStructures)
Foundation Details: Crawl, Michigan Basement
Property Age: 124
Structure Type: Residential
House Style: 2 Story
Total Above Grade Sqft Area: 877
Total Area Sqft: 877
Total Below Grade Area: 30
Architectural Style: Conventional Frame

Electric: 100 Amp Service
Sewer: Public Sanitary
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.