Listing provided courtesy of NORTHERN TRAILS REALTY- MLS# 50210163MLS Provider

E6242 Snowdrift StreetIronwood, MI 49938

Multi-Family · 11 Beds · 12 Full Baths · 5,600 Sq. ft. | 0.36 Acres
$197,500 Active

E6242 Snowdrift Street Overview

Time on Site:
25 days
Visits:
34

Investment opportunity! Restoration-ready multi-unit located in the Big Powderhorn ski village- just a few blocks from the slopes. 'Snowblind Chalet' offers six spacious units featuring an open concept living, dining, kitchen area with gas fireplace and each with its own hot tub room and adjacent cedar paneled full bath. Building consists of five 2BR, 2BA units and one (lower level) 1BR, 2BA unit. Lower-level laundry/utility room, natural gas hot water heat. Property is being sold AS IS, in its current condition. One upper-level unit sustained fire damage and the unit below; water damage. Professional remediation included removal of damaged/affected materials to the wall studs/framing. Exposed framing and surfaces were subsequently cleaned and coated with a sealant/encapsulating primer. So much possibility and income potential! Buy now and have units ready to go for the coming snow season!

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E6242 Snowdrift Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,600
  • Price/Sq.ft. $35
  • Lot 0.36 Acres

Details

General

Building Information

  • Separate Electric: No
  • Separate Gas: No
  • Separate Heat: No
  • Separate Water: No
  • Year Built: 1981

Location/Region

  • County Or Parish: Gogebic
  • MLS Area Minor: Ironwood Twp (27005)
  • Municipality: Ironwood Twp
  • Subdivision Name: Powderhorn Village

Tax Information

  • Summer Tax: 821.14
  • Summer Tax Year: 2025
  • Tax Annual Amount: $1,177.18
  • Winter Tax: 356.04
  • Winter Tax Year: 2025

General Information

  • FUEL TYPE: Natural Gas
  • Ownership: Private
  • Property Sub Type: Investment
  • Property Type: MULTIFAMILY
  • Special Listing Conditions: Standard
  • STYLES: Conventional Frame
  • Zoning: Multi-Family

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • BATH DESCRIPTIONS: Master Bedroom Bath, Whirlpool/Hot Tub
  • Bathrooms Full: 12
  • Bathrooms Partial: 0
  • Bathrooms Total: 12
  • Bedrooms Total: 11

Building Interior

  • BASEMENT TYPE: Block, Partially Finished, Exposed Basement
  • DINING/KITCHEN: Eat-In Kitchen
  • WATER HEATER: Electric, Gas

General Information

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Cooling: None
  • Fireplace: No
  • Foundation Details: Basement
  • Heating: Boiler, Hot Water, Radiant, Zoned Heating
  • Interior Features: Spa/Jetted Tub, Window Treatment(s), Furnished
  • Living Area: 5600
  • Living Area Source: Estimated

Room Information

  • SUB ROOM DESCRIPTION: Lower Level Laundry, Master w/Bath, Utility/Laundry Room

Exterior

Parking Information

  • Parking Features: 3 or More Spaces

Lot Information

  • Lot Features: Unpaved
  • Lot Size Acres: 0.36
  • Lot Size Area: 136x116
  • Water Source: Private Well, Drilled Well

Waterfront/View

  • Waterfront Features: None
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Tri-Level
  • Construction Materials: Wood, Hard Board
  • ROADS: City/County, Gravel, Year Round

General Information

  • Exterior Features: Porch, Exterior Balcony
  • Other Structures: Shed
  • Sewer: Public Sanitary
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

E6242 Snowdrift Street Neighborhood

Community

49938 (Ironwood) Demographics

51
Median Age
29
Population Density (per sq. mile)
37%
College Educated
$36,994
Estimated Median Income
2,736
Estimated Total Home Owners
1,031
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

E6242 Snowdrift Street Market Data

Based on the last 30 days in this zip code

$244,337
Average List Price
$123
Average Price per Square Foot
9
Properties Sold
87
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

E6242 Snowdrift Street History

Date Event Value Agent
6/4/2026Source: Upper Peninsula MLS Added to Database
June 04, 2026