205 Fifth Street
Calumet, MI, 49913 $ 499,900
Bedrooms3 Baths2.2 Sq 3,010 Monthly Estimate*
$ 3,453
for $499,900 with 3 bedrooms and 2 full baths, 2 half baths. This 3,010 square foot home was built in 1890 on a lot size of 0.07.
Calling all investors and business owners! This 1890 mixed use building in the heart of historic downtown Calumet offers four units, with two commercial storefronts and a one bedroom apartment on the main level and a two bedroom apartment on the upper level above one of the storefronts. With a prime location on Fifth Street, sidewalk frontage, and large display windows, the visibility is hard to beat! The rear of the building offers off street parking and alley access. The 207 Fifth Street Unit features hardwood floors in the front showroom, tin style ceilings, display windows, and a reception counter. Down the hall are private offices or rooms, a kitchenette, a bathroom, and rear access. Both apartments have been completely updated! The upstairs two bedroom unit offers an open concept kitchen and living area with an exposed timber post, shaker style cabinets, stainless steel appliances, recessed lighting, and wood look flooring. The main level one bedroom unit has a great kitchen with stainless steel appliances and plenty of counter space, a spacious living area, and a nice sized bedroom. Both units have updated bathrooms. The exterior has been updated with new siding / trim, and new rear stairs, and the building also has a new sprinkler system, new electrical, two new furnaces, a new water line from the alley, a new sewer drain line to the alley, and separate utilities for all four units, making this a truly turn key property! Downtown Calumet is the heart of the Keweenawâs Copper Country history, with shops, restaurants, and attractions just steps away. Whether you want to operate your own business, live on site, or add to your portfolio, this is an opportunity you do not want to miss! Seller financing of up to 20% of the purchase price may be available, subject to buyer qualification, lender approval and mutually acceptable terms.
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FeaturesInteriorInterior Amenities Hardwood Floors Fire Sprinkler Walk-In Closet
Basement Other
Beds 3
Fireplace? No
Total Number of Units 4
Bath Descriptions First Flr Bath Lav/Half
Dining/Kitchen Eat-In Kitchen Pantry
Fuel Type Electric
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GeneralHeating Electric Heat Forced Air
Possession Subject To Tenant Rights
Garage Off Street
Zoning Downtown Commercial / historic Commercial
Water Public Water
Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 2
Bathrooms 4
Year Built 1890
Parking 3 or More Spaces On Street
Subdivision Village/Calumet MI
Water Heater Electric
County Houghton
Class MULTIFAMILY
Type Multi-Family
Ownership LLC
Municipality Calumet
Electric 200+ Amp Service
Sale/Rent For Sale
Status Detail 0
Utilities Electricity Connected Sewer Connected Water Connected
Structure Style 2 Story
Area Calumet (31004)
Primary City Calumet
Location Main Street
Directions On the west side of Fifth Street north of Portland Street and south of Oak Street in downtown Calumet. 205 Fifth Street Calumet MI 49913.
City Calumet
School District Public Schools of Calumet
Financial Terms Cash
Legal Description CA-A-5 S 33' OF LOT 4 BLK A N 14 1/2 OF LOT 5 BLK A VILL OF CALUMET SURFACE ONLY.
DOM 1
Postal Code 49913
Price Per Sq Ft Total AG 166.08
Public Remarks Calling all investors and business owners! This 1890 mixed use building in the heart of historic downtown Calumet offers four units
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ExteriorExterior Other
Exterior Amenities Sidewalks Street Lights
Frontage 33
Lot Size Area 0.07
Lot Dimensions 33x98
Water Features None
Roads Alley Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByMARK HEINONENListing Agent
Coldwell Banker Schmidt RealtorsBroker
marksells906@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,453
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Calumet, MI
Average List Price $899,950
Percent of Sale Price 80%
About Calumet, MI 679 Population
-19% Since 2002
$ 22,959 Median Income
40.4 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3602400 Elementary School
3602402 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $499,900 | | Listed Price |