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Jenn Smart

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26950 Number 4 , Calumet, MI 49913
$1,300,000
Est. Payment: $6,774.48/mo
14 Bed
13 Bath
6096 Sqft
Status: active | Days on site: 11
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Exceptional investment opportunity in the heart of Michigan's Keweenaw Peninsula! Centennial Cottages offers 10 rentable cottages plus a main house, generating income with significant upside still on the table. The current owners — preparing for retirement — have taken extended breaks in recent seasons, leaving occupancy gains ready for a motivated new operator to capture. Two 2-bed/1-bath cottages and eight 1-bed/1-bath cottages are each equipped with their own A/C and furnace, ensuring year-round comfort for guests. A charming hand-crafted courtyard and fire pit create a welcoming gathering space that guests love. The property also includes a laundry building, retail space, a large pull-through 41x50 shop,, office building, a large pull-through garage, and a separate heated garage. With additional land available to expand the cottage count, the growth potential here is real. Trail #3 runs right alongside the property, putting ATV and snowmobile access literally steps from your guests' doors. Enjoy having vacationers during the summer and Whether you're looking to scale a thriving hospitality business or step into a turnkey operation with room to grow, this is a rare Keweenaw find. Signing an NDA is required to view Offering Memorandum/Financials. NOTICE: Taxes are not zero. All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyer’s tax bills will be similar to the seller’s current tax bills. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded. 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.

Highlights

Listed by NOAH JUKURI , 906-281-5010 and MICHAEL JUKURI , 906-281-1306 CENTURY 21 AFFILIATED , 906-482-0001. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
2.92

Year Built

2005

County

Houghton

Area

Calumet Twp (31003)

Neighborhood

Centennial

School District

Public Schools of Calumet

Listing ID

50212959

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:14
  • Bathrooms:13
  • Full Bathrooms:11
  • 1/2 Bathrooms:2
Appliances:Dryer, Microwave, Range/Oven, Refrigerator, Washer
Air Cond:Wall/Window A/C
Fireplaces:
Above Ground Sq Ft:6096
Basement:MI Basement
Other:
  • Additional:First Flr Bath Lav/Half, Eat-In Kitchen, Hardwood Floors
Water:Public Water

Exterior Features

Lot:Cleared
Lot Dimensions:401x160x111x76x383x300
Zoning:Commercial
Others:
  • Additional:Porch
Sewer:Septic
Parking Features:Detached Garage,Workshop
Principal Interest
$6,774
Taxes
$409

Home Price

$1,300,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,774.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,774.48 $408.67 $0.00 $7,183.15
Yearly $81,293.77 $4,904.00 $0.00 $86,197.77
Total $2,438,813.10 $147,120.00 $0.00 $2,585,933.10
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Calumet, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 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.

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Data last updated: 2026-09-02T01:10:54.300Z

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