$249,500

Investment Opportunity with R-3 Zoning in the City of Houghton, located minutes from Michigan Tech's campus! Property is leased through May 31, 2027. This 4 to 5 bedroom (one is walk-thru), 2 1/2 bathroom home is licensed for 8 occupants. The main floor includes kitchen (updated 3+/- years ago), pantry, living room, dining room, family room, half bathroom and unfinished storage room. The second level includes 3 bedrooms and 2 bathrooms. On the third floor there is a bedroom plus a walk thru room that can serve as the 5th bedroom. Included in the above grade finished square footage is 438sf on the third level. Home has some newer carpeting. There are 2 lots with paved parking area. This location is very convenient to downtown Houghton and campus. Leases must transfer to buyer at closing. Leased through May 2027. ---NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller’s. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval or proof of funds documentation to be provided upon request. --- OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.