$355,000
$379,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
4,428 SqFt
SOLD DATE : 12/23/2025
Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,428 sqft
Price per Sqft $80
Subdivision Mi
MLS Listing ID 50182233
Sold Date 12/23/25
Style 2 Story
Bedrooms 8
Full Baths 4
Half Baths 1
Year Built 1977
Annual Tax Amount $3,914
Tax Year 2024
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 149x211
Property Sub-Type Multi-Family
Property Description
Located just steps from the ski lodge and main chairlift, this well-appointed fourplex—known as Schnickelfritz—delivers both top-tier guest experiences and outstanding income potential. Each turnkey unit offers a comfortable living room with a wood-burning fireplace, fully equipped eat-in kitchen, two bedrooms, a full bath, and doors to a deck. The shared lower level is designed for après-ski relaxation, featuring a sauna, pool table & foosball, video games, pinball, wet bar, and a pellet stove to keep it cozy. Additional perks include guest laundry/bathroom and a large, private back yard with a firepit and bonus access from the road behind. Separate owner's laundry and large storage area, efficient gas hot water heat, mini-split AC in 2 units, Spectrum internet and absolutely everything you'll need to continue and grow a successful rental business. After 20 years, the current owners are ready to retire—offering you the rare chance to own a highly rated, guest-favorite property just steps from the ski slopes.
Location
State MI
County Gogebic
Area Ironwood Twp (27005)
Zoning Multi-Family
Rooms
Basement Block, Common, Egress/Daylight Windows, Full
Dining Room Eat-In Kitchen
Kitchen Eat-In Kitchen
Interior
Interior Features Window Treatment(s), Furnished
Heating Boiler, Hot Water, Pellet Stove
Cooling Ceiling Fan(s), Wall/Window A/C
Fireplaces Type LivRoom Fireplace, Wood Burning
Fireplace Yes
Appliance Bar-Refrigerator, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Wood
Amenities Available Laundry Facility
Building
Lot Description Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sloping, Unpaved, Wooded
Story 2 Story
Foundation Basement
Water Private Well, Drilled Well
Structure Type Wood
Schools
School District Ironwood Area Schools
Others
Ownership Private
SqFt Source CubiCasa
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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