5216 E Sunset

Description

Rare opportunity to own four side-by-side residences on approximately 1.75 acres in Ironwood, with each home already separately deeded and located on its own tax parcel. Whether you’re looking to expand your investment portfolio, occupy the spacious 3-bedroom end unit while generating rental income from the others, or own a Northwoods getaway with built-in income potential, this property offers flexibility that is rarely available. Purchase all four as a package, or take advantage of the fact that each residence is already separately deeded on its own tax parcel, creating uncommon flexibility for future ownership strategies, subject to applicable municipal, financing, insurance, and utility requirements. The property includes three 2-bedroom, 1-bath units, each with a private basement, laundry hookups, a one-car garage, and a dedicated driveway. The larger end unit offers 3 bedrooms, 1 bathroom, a private basement with laundry hookups, a detached 2-car garage, and an additional storage shed. Property features include a newer roof, updated flooring, durable block construction, vinyl windows, public water and sewer, exterior repainting completed approximately three years ago, separate off-street parking, and excellent separation between the units. Tenants currently pay gas, electric, water/sewer, and trash, while the owner handles lawn care and snow removal. Located within easy driving distance of Big Powderhorn Mountain, Blackjack Mountain, Indianhead Mountain, Lake Superior, and extensive snowmobile and ATV trail systems, the property is attractive not only as an investment but also as a year-round recreational retreat with income-producing potential.