616/618 Water Hancock, MI 49930

Multi-Family (2-4 Units) MLS #: 50138749 Courtesy Of eXp Realty LLC

$249,000

6 beds | 2 baths | 1 half baths | 3,264 sq ft
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Estimated monthly payments: $1,088/mo.* (recalculate)

Property InformationDescription

Excellent duplex opportunity with separately metered utilities. The roof is in great condition at about 12 years old. Most of the plumbing and wiring has been redone. This is a great property if you value good bones and mechanicals. One unit had an extensive remodel in the last few years including some drywall, new kitchen and baths, new carpeting, and interior paint. The siding was replaced within the last few years as well. Rents are well below market rents at $1025 & $800 per month per side plus utilities. The basement is very tall and has a washer/dryer for each side. The attic could be finished off for additional space. Tenants are responsible for snow removal. Landlord is responsibly for lawn care. Both leases are set to expire within the next few months. The backyard could be additional parking via the alley. The adjacent property owner has cleared snow to their property. For an owner-occupant; live in one side and have your tenant cover your expenses! For non occupant investors a 5% down mortgage may be possible with a Fannie Mae loan.

Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Basement
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Refrigerator - Bar, Washer
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Heating System: Forced Air
  • Lot Size: 0.11 Acres
  • Roof Type: Unknown
  • Rooms: Basement, Bedroom, Full Bath, Half Bath, Living Room

MAP & DIRECTIONS

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616/618 Water, Hancock, MI 49930
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School Information

616/618 Water, Hancock, MI 49930

Elementary School
Grades KG-5 | Public School
BARKELL ELEMENTARY SCHOOL
Hancock, MI 49930
1201 N Elevation St
906.­487.9030
Distance: 0.9 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
277
Middle School
Grades 6-12 | Public School
HANCOCK MIDDLE/HIGH SCHOOL
Hancock, MI 49930
501 Campus Dr
906.­483.2540
Distance: 1.3 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
360
High School
Grades 6-12 | Public School
HANCOCK MIDDLE/HIGH SCHOOL
Hancock, MI 49930
501 Campus Dr
906.­483.2540
Distance: 1.3 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
360
Other Nearby Schools Distance Type Grades School Rating
Career And Technical Education 0.6 mi Public 9-12
Houghton Elementary School 1.0 mi Public KG-5 B+
Copper Country Learning Center 1.0 mi Public PK-12
Houghton Portage Township High School 1.6 mi Public 9-12 A
Houghton Middle School 1.6 mi Public 6-8 B
Dollar Baytamarack City Area K12 School 3.9 mi Public KG-12 A
Copper Country Christian School 4.2 mi Private PK-12
South Range Elementary School 4.7 mi Public KG-6 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Hancock, MI 49930

Median Age: 36.2
Married: 42%
Number of Households: 3,227
Households with Children: 21.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.