416 Cherry St, Negaunee, MI 49866

$89,900 Asking Price

2 beds
1 bath
877  sqft
Built in 1900

Looking for an investment opportunity? This quaint two bedroom, one bathroom home offers not only cozy living, but also great potential for generating rental income. With its hardwood floors, natural gas space heater, and spacious layout, this property might make not just 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 just 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 fresh, modern look. You'll appreciate the convenience of the 26x26 two car garage just across the alley, providing additional storage space and parking.


Features & Amenities

Interior

General:
Hardwood Floors
Rooms:
Living Room
Appliances:
Range/Oven,Refrigerator
Basement:
Partial
A/C:
Ceiling Fan(s)
Heating:
Natural Gas, Space Heater

Exterior

General:
Aluminum, None (ExteriorFeatures)
Style:
Conventional Frame
Other Structures:
None (OtherStructures)
Parking:
3 or More Spaces,Garage

Construction

General:
2 Story, Crawl,Michigan Basement

Location

Road/Access:
City/County,Paved Street,Year Round
Originating MLS:
Upper Peninsula Assoc of Realtors
School District:
Negaunee Public Schools
County:
Marquette

Lot

Zoning:
R-1 Residential one, S 28' LOTS 13 & 14 BLK 1 CORBITS ADD EXC E PART OF E ROW OF HEALY AVE EXT, 52-53-110-016-00

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
Upper Peninsula Assoc of Realtors
Listing Agent Compensation:
None
Buyers Agent Compensation:
Yes 3 Percent
NA Compensation:
None

This listing courtesy of:
RE/MAX 1ST REALTY, KRISTINE GOUPILLE

About Negaunee, MI

Housing

Number of Units
4,602
Median Home Value
$156,765
Median Rent
$541

13.12% of housing units are renter occupied.

12.61% are vacant.

Commute

Car
93.37%
Public Transportation
0.05%
Walk to Work
0.52%
Work from Home
5.75%
Other
0.32%

The median travel time to work is 21 minutes.

People

Population
9,285
Median Age
40.30
Median Household Size
2.66

Education

High School
28.59%
Associate’s Degree
11.20%
Bachelor’s Degree
25.30%
Graduate Degree
8.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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