Apartment Building with Hot Tub
For Sale
$197,500
Pending
E6242 Snowdrift Street, Ironwood, MI 49938
MULTI_FAMILY - Conventional - Ironwood, MI
Property Size5,600 SF
Lot Size0.36 Acres
Days on Market70
Property Features for E6242 Snowdrift Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
11
Bathrooms
12
Full bathrooms
12
Rooms
Bedroom 11, Bedroom 10, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 11, Bathroom 3, Basement, Bedroom 9, Bathroom 5, Bathroom 6, Bathroom 12, Bedroom 7, Bathroom 9, Bedroom 6, Bathroom 8, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 8, Bathroom 10, Laundry Room, Bathroom 2, Bedroom 1, Bathroom 7
Patio and Porch features
Porch
Interior features
Spa/Jetted Tub, Window Treatment(s), Furnished
Exterior features
Porch, Exterior Balcony
Appliances
Dryer, Microwave, Range/Oven, Refrigerator, Washer
Subdivision
Powderhorn Village
Lot features
Unpaved
Elementary school district
Ironwood Area Schools
Middle school district
Ironwood Area Schools
High school district
Ironwood Area Schools
Standard status
Pending
Size
5,600 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Annual Amount
1177
Utilities
Heating system
Hot Water(Heating), Radiant, Oil, Zoned
Water source
Private, Well
Amenities
hot tub room
gas fireplace
laundry/utility room
Building Details
Year built
1981
Number of units
6
Architectural style
Conventional
Listing Agency:
NORTHERN TRAILS REALTY
(906) 932-4110
Listed By:
ANNA BOLICH · License #6501200764
(906) 364-3549
Added: Jun 4
Changed: Aug 2
Last Checked: Aug 12 at 10:06AM
MLS# 50210163
Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Apartment buildings: restoration-ready six-unit property offering five 2BR, 2BA units and one lower-level 1BR, 2BA unit. The units are described as having an open concept living, dining, and kitchen area, each with its own hot tub room and an adjacent cedar-paneled full bath. The lower-level also includes a laundry/utility room. Interior features include spa/jetted tubs, window treatments, and furnished units, while exterior features include a porch and exterior balcony.
Built in 1981, the building is set on 0.36 acres and has 5,600 square feet of property size. Heating is described as radiant hot water heat using oil, with zoned heating. Water source is listed as well and private.
The property is being sold in its current condition, AS IS. One upper-level unit sustained fire damage, along with water damage to the unit below. Professional remediation included removal of damaged or affected materials to the wall studs/framing, followed by cleaning and coating exposed framing and surfaces with a sealant/encapsulating primer.
Built in 1981, the building is set on 0.36 acres and has 5,600 square feet of property size. Heating is described as radiant hot water heat using oil, with zoned heating. Water source is listed as well and private.
The property is being sold in its current condition, AS IS. One upper-level unit sustained fire damage, along with water damage to the unit below. Professional remediation included removal of damaged or affected materials to the wall studs/framing, followed by cleaning and coating exposed framing and surfaces with a sealant/encapsulating primer.
Key Highlights
- 0.36‑acre lot with 5,600 SF apartment building built in 1981
- Six units: five 2BR/2BA and one lower‑level 1BR/2BA
- Each unit features its own hot tub room and adjacent cedar‑paneled full bath
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 49938, MI
7,340
Population
4,728
Households
1.6
Avg Household Size
49
Median Age
23%
College-Educated
95%
High-School Grad
225.6 sq mi
ZIP Area
33
Density / Sq Mi
$44,379
Median Household Income
$34,553
Median Earnings
$590
Median Rent
$95,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Restoration-ready six-unit apartment building with in-unit hot tub rooms, cedar-paneled full baths, and oil-fired zoned hot water heat.
Where is this apartment building located?
The property is located at E6242 Snowdrift Street Ironwood, MI.
What is the asking price?
The asking price for this property is $197,500.
What are key features of this property?
This property features: 0.36‑acre lot with 5,600 SF apartment building built in 1981; Six units: five 2BR/2BA and one lower‑level 1BR/2BA; Each unit features its own hot tub room and adjacent cedar‑paneled full bath
