MLS# 50074971 Property Type: Multi-Family Active
HISTORIC 1902 Coppo Block Building - The original woodwork, sandstone arched entry and exterior accents are signature features of this historic building that the owner has carefully considered in the restoration of the building. This investment property has a very nice rental history and location in the quaint town of Calumet. The location has convenient proximity to the shops and are galleries on Fifth and Sixth Streets and the area's larger employers of Aspirus Keweenaw and Calumet Electronics; both sources of possible tenants. A short drive to Swedetown recreational area to enjoy many outdoor activities. The main level includes two commercial rentals. Each of the upper two levels have 3 apartments each. The apartments have 2 bedrooms, kitchen, living area and their own laundry areas. This building has undergone a comprehensive historic rehabilitation including all new electrical, mechanical, and plumbing systems, double rubber roof and drain system, and steel egress balconies. Exterior facade features red Jacobsville sandstone and original storefronts with prismatic glass transom windows. The building is highly efficient and soundproof with substantial exterior wall insulation, and interior partition and floor insulation. Parking spaces in rear of building & some are leased in rear adjacent lot. Each rental unit has its own furnace. Roof is a newer rubber roof. Basement: Full basement & historically the front part was storefronts with doors and windows access from the sidewalk; which is now hollow underneath giving an extra 400sf +/- of basement storage space. Prequalification, non-disclosure agreement and 72 hours notice required prior to showing. Financials and unit rent and lease inventory available to prequalified buyers. Request 72 hours response time on offers. (Note: Building on the corner of Oak and Fifth is adjacent but not part of this property.) Landlord pays heat, water, dumpster, plowed parking. Tenant pay for electric, internet, cable.
Listing Provided Courtesy of KRISTINE WEIDNER (JUKURI) - CENTURY 21 AFFILIATED
