8 months on rocket

208 E Montezuma Ave, Houghton, MI, 49931

$950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 2 Partial
3,500 SqFt
$271/SqFt
Multi

Location

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208 E Montezuma Ave, Houghton$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage
Garage6 spaces
Year Built2010
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontNone
ViewNone
MLS #50136735
Lot Size0.11 Acres
StatusActive

About 208 E Montezuma Ave

Downtown Houghton – Mixed use building in the heart of the City of Houghton! Building is currently set up as 2 commercial units and 2 residential units with 6 parking spaces in garage beneath the units. The location is fantastic located one block above the main Street of Houghton with restaurants, shopping, waterfront parks, trail along the lake, close to Michigan Tech and more! Unit 1 has 2 private offices, reception/waiting area, supply room and half bathroom. Unit two includes 3 offices, reception area and half bathroom. The third office has access options from either Unit 1 or 2, depending on the lease terms and currently included in Unit 2’s lease. Unit 3 is a 3 bedroom, 1 bathroom apartment with eat-in kitchen, living room. Unit 4 is a 2 bedroom, 1 bathroom apartment with eat-in kitchen and living room. Both residential units have granite counters, beautiful cabinetry and access to their own half of the deck overlooking the downtown building-scape, glimpses of the Portage Lake Lift Bridge, the hillside across the Portage and maybe even a glimpse of the water from some angles. Units 1, 3 and 4 have access through the drive under garage. Currently the 6 parking spaces are allocated: Unit 2 has 1, Unit 3 has 3 and Unit 4 has 2. Each unit has separate utilities that tenants pay. Building has fire suppression system. Residential leases are through June 2025. Commercial leases are through November 2025. Each unit has own heating system and water heater. Staircase inside building to access roof. Property zoning is B-3 (General Business). Some photos are from previous years between tenant occupancies. Prequalification letter is required for showings. Prequalification letter and non-disclosure agreement is required to review lease information. Year Built: Foundation is original from 1900. Main level was constructed in 2010. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyer’s taxes will be the same as seller’s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Sellers/Tenants may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2010
  • Stories: 1
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: CENTURY 21 AFFILIATED
  • Office Phone: (906) 482-0001
  • Listing Agent: KRISTINE WEIDNER (JUKURI)

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Fire Sprinkler

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Deck

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

School District Information:

  • School District: Houghton-Portage Twp Schools

Other

Directions Information:

  • Directions: From M26/Sharon, head towards downtown Houghton, follow Montezuma Ave, on Left. Public parking if available in front of building otherwise, follow Montezuma to Shelden Ave, L on Pewabic (Before Quality Inn), parking available there.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $271/SqFt
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Housing Market Comparison

See how this home compares to others in Houghton, MI.

Med. Sold Price

$264K

Med. Price/SqFt

$158

Avg. Days On Market

40

# of Sold Homes

3

208 E Montezuma Ave vs Houghton

253 DAYS ON ROCKET

+213 Days

$950,000

+$686K More

$271/SqFt

+$112 More

KEY TAKEAWAY

This property is $686K more than the Median Sold Price and $112/SqFt more than other homes in Houghton, MI.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50136735

Listing Office:

  • Office Name: CENTURY 21 AFFILIATED
  • Office Phone: (906) 482-0001
  • Listing Agent: KRISTINE WEIDNER (JUKURI)

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. 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.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $95,956
2020 - $92,606
2019 - $86,693
2018 - $78,601
2017 - $78,601

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3511813
7
/10
  • Houghton Elementary School

  • 203 W Jacker Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-3511814
6
/10
  • Barkell Elementary School

  • 1201 N Elevation St

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-3511815
8
/10
  • South Range Elementary School

  • 2 Whealkate Dr

  • 5.04 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,063. Typical income of Houghton, MI residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganHoughton CountyHoughton49931208 E Montezuma Ave

This home is located at 208 E Montezuma Ave in Houghton, MI and zip code 49931. This 3,500 square foot home, which was built in 2010, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $950,000.

Over 0 listings were sold over their listed price in November 2024 in Houghton, MI. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Houghton, MI between October 2024 and November 2024 decreased by 26.7%. The median list price of listings available in November 2024 was $264,000, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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