About This Home

This 3-bedroom, 1-bathroom single family at 517 W Victory Way in Newberry, MI is listed for $159,000 ($141 per sqft). Built in 1948, the home offers 1,128 sqft of living space on a 2.31 acres lot.

Key Features

  • Built in 1948
  • 2.31 acre lot
  • 2 stories

Property Details

2 stories
1 full
2-car garage
1948
Listing Description

Welcome to 517 West Victory Way, a charming Cape Cod-style home nestled on a spacious 2.31-acre parcel just outside of the Village of Newberry. This inviting three-bedroom, one-bath home offers 1,128 square feet of comfortable living space, blending classic character with everyday functionality.

Inside, you'll find a warm and welcoming layout with a beautiful bay window pouring in natural light, creating a comfortable place to call home. The detached two-car garage adds convenience and the expansive lot offers room to garden, play, or just enjoy the outdoors.

All while being close to local amenities. And here's what makes this listing especially compelling! The adjoining second residence at 517 1/2 is included in the sale. Together on one parcel, this rare two-home setup offers possible rental income, space for extended family, or a smart owner-occupant investment strategy.

Live in one, rent the other. It's a unique opportunity with flexibility and long-term upside! 517 1/2 West Victory Way adds a practical second residence to this unique two-home property. This approximately 960-square-foot, two-bedroom home offers a comfortable layout suited for long-term rental use, extended living arrangements, or additional workspace.

Its separate entrance and residential setting give occupants the feel of a stand-alone home while remaining conveniently located near Newberry amenities. Currently used as a full-time rental, 517 1/2 provides established income potential from the start.

The tenant is presently on a lease arrangement, giving a new owner flexibility to continue the rental relationship, adjust future terms subject to applicable law, or incorporate the home into another long-term ownership plan. Buyers should verify lease terms, rental income, deposits, and occupancy details during due diligence.

Both 517 and 517 1/2 are located on the same parcel and are being sold together. Utilities are interconnected and metered through 517, making this a distinctive investment opportunity for an owner seeking two residences in one transaction. Live in the main home while continuing to rent the second, or operate both as long-term rentals for added potential.

Information is deemed reliable but not guaranteed. Buyers and buyers' agents should independently verify all information, including square footage, room dimensions, acreage, taxes, property boundaries, utilities, zoning, permitted use, rental status, and the condition of all structures and systems. Property is offered in compliance with federal, state, and local fair housing laws

Monthly Cost Estimate

$850/mo

20% down · 6.5% · 30 years

Principal$115
Interest$689
Insurance$46

Estimates only. Actual payments may vary.

Location

517 W Victory Way

Newberry, MI 49868

Features & Amenities

Interior Features

Bay Window

Exterior Features

None (ExteriorFeatures)

Property Details

Heating

Forced Air

Appliances

DryerMicrowaveRange/OvenRefrigeratorWasherNegotiable (Appliances)

Questions & Answers

This 3-bedroom, 1-bathroom single family at 517 W Victory Way is listed at $159,000 ($141/sqft). The estimated monthly payment is $850 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 2.31 acre lot, 2 stories. Interior Features: Bay Window. Exterior Features: None (ExteriorFeatures).

This property is listed by ANTHONY CIARAMITARO.

AC

ANTHONY CIARAMITARO

Agent at FIVE STAR REAL ESTATE

Listed by FIVE STAR REAL ESTATE · Broker phone: 2317781200 · View on Broker Site

MLS# 50215347· Source: Upper Peninsula Association of Realtors· 104 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

517 W Victory Way, Newberry, MI 49868

Open this listing in: