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137 Lake Linden

Laurium, MI 49913
  • $229,900
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 50215790
UPDATED: 53 min ago
$229,900
  • 6
    BEDS
  • 0.28
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 3,776
    SQFT
  • $61
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
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137 Lake Linden Laurium, MI 49913

  • Price: $229,900
  • Status: Active
  • On Site: 19 Days
  • Updated: 53 min ago
  • MLS #: 50215790
6
Beds
5
Baths
1
½ Baths
0.28
Acres
3,776
SQFT
$61
$/SQFT
1900
Built
Neighborhood:
Lake Linden Ave
County:
Houghton
Area:
Laurium (31019)
School District:
Public Schools Of Calumet
Property Description
Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!
Exterior Features

Exterior Construction Cedar Exterior Features SidewalksStreet Lights Foundation Type Basement Frontage 100 Lot Description Sidewalks Lot Size 100x120 Parking 3 or More SpacesPaved Driveway Roads City/CountyCurbedPaved StreetYear Round Structure Style 1 1/2 Story Water Features None Waterfront YN No

Interior Features

Appliances Range/OvenRefrigerator Basement Type Stone Basement YN Yes Cooling System Wall/Window A/C Fireplace YN No Fuel Type Natural Gas Heating System Hot Water Interior Features Cable/Internet Avail. Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Association Or Landlord Pays Lawn MaintenanceGasSnow RemovalTaxesTrash RemovalWater/Sewer Community Amenities Grounds MaintenanceLaundry FacilitySidewalksStreet LightsPrivate Entry Financial Terms CashConventional For Sale Or Rent For Sale Lease Information Month-To-MonthGas IncludedHeat IncludedSecurity DepositWater Included Lease YN No Municipality Laurium Municipality Type Village Ownership Private Principal Res Exempt YN No Property Type Multi-Family Separate Electric YN Yes Separate Gas YN No Separate Heat YN No Separate Water YN No Sewer Septic Public Sanitary Sq Ft Source Measured Subject To Short Sale Approval No Summer Tax Amount 0 Summer Tax Year 0 Total Tax Amount 0 Type Investment Unit1 Occupied YN Yes Unit1 Rent Rate 675 Unit2 Occupied YN Yes Unit2 Rent Rate 725 Unit3 Occupied YN Yes Unit3 Rent Rate 825 Unit4 Occupied YN Yes Unit4 Rent Rate 725 Unit5 Occupied YN Yes Unit5 Rent Rate 725 Unit6 Occupied YN No Water Public Water Winter Tax Amount 0 Winter Tax Year 0 Zoning Commercial

Listing courtesy of COLDWELL BANKER SCHMIDT REALTORS : 906-225-5992.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507