309 TOBIN STREET

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Address: 309 Tobin St, Negaunee, MI 49866, USA
Chicago & Midwest + Apartment Buildings
Created date: August 13, 2026
Date last updated: September 30, 2026
Price: $260,000Investment Analyzer NEW!

Property Description

Fantastic investment opportunity in the City of Negaunee! This well-maintained front and back duplex offers excellent income potential, a 2-car garage, and additional off-street parking, all within close proximity to the Iron Ore Heritage Trail, parks, and downtown amenities. The front unit features a charming retro-style kitchen, spacious living room, formal dining room, three upstairs bedrooms, and a full bath. The back unit features beautiful hardwood floors and includes a spacious eat-in kitchen with a walk-in pantry, a large living room, a cozy office or den, and two generously sized upstairs bedrooms served by a full bath. Major updates include a new furnace in the back unit and updated electrical panel, along with a newer roof and rebuilt chimneys, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income or add a solid property to your investment portfolio, this versatile duplex is an outstanding opportunity!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $260,000
Year Built: 1898
Lot Size: 2,569.00 Sq ft
Opportunity Zone: No
Number of Bedrooms: 5
Number of Bathrooms: 2
Address: 309 TOBIN STREET, NEGAUNEE, MI 49866, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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