616 616/618 Water St, Hancock, MI 49930
FOR SALE

616 616/618 Water St
Hancock, MI 49930

  • 6 Beds
  • 3 Baths
  • 3,264 sqft
  • 6 Beds
  • 3 Baths
  • 3,264 sqft

$249,000

Est. Mortgage $1,656/mo*
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We estimate this home will sell faster than 93% nearby.

Local Information

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Description

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.

Home Highlights

Parking
3 Parking Spaces
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$76
Listed
14 days ago

Home Details for 616 616/618 Water St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: YesNumber of Rooms: 2Types of Rooms: Bedroom 1, Bathroom
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Appliances & Utilities
Appliances: Bar Fridge, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Electric Water HeaterDishwasherDryerLaundry: SecondMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: DeckFoundation: Basement, Stone
Parking & Garage
No GarageNo Open ParkingParking Spaces: 3Parking: 3 or More Spaces,Unassigned
Frontage
Waterfront: NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sanitary
Farm & Range
Frontage Length: 50

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 1911
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Vinyl Siding

Price & Status

Price
List Price: $249,000Price Per Sqft: $76

Location

Direction & Address
City: HancockCommunity: N/A
School Information
Elementary School District: Hancock Public SchoolsJr High / Middle School District: Hancock Public SchoolsHigh School District: Hancock Public Schools

Agent Information

Listing Agent
Listing ID: 50138749

Building

Building Area
Building Area: 3264 Square Feet

HOA

Association for this Listing: Upper Peninsula Assoc of Realtors

Lot Information

Lot Area: 4791.6 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Owner Pays: Taxes

Miscellaneous

BasementMls Number: 50138749
Last check for updates: about 17 hours ago
Listing courtesy of ADAM TAIVALKOSKI
EXP REALTY LLC, (269) 600-4397
Originating MLS: Upper Peninsula Assoc of Realtors
Source: Upper Peninsula AOR, MLS#50138749

Price History for 616 616/618 Water St

DatePriceEventSource
04/15/2024$249,000Listed For SaleUpper Peninsula AOR #50138749

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What Locals Say about Hancock

  • Twindpm
    "It’s a great place to live and raise a family. Trail systems for skiing shed snow shoeing are great. The community is excellent."
    1
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  • Ashley OB
    "Long and difficult for anything outside of the hospital or university 2 hours to a "big" city this community is extremely rural if you have any health conditions this isn't a place for you"
    9
    Flag
  • Mimi L.
    "I have lived here my whole life. I am now 23 and with my own little family. I feel like it is a safe place to raise my kids. Love the small town feel we have in the U.P."
    4
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LGBTQ Local Legal Protections

ADAM TAIVALKOSKI, EXP REALTY LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
616 616/618 Water St, Hancock, MI 49930 is a 6 bedroom, 3 bathroom, 3,264 sqft multi-family built in 1911. This property is currently available for sale and was listed by Upper Peninsula AOR on Apr 15, 2024. The MLS # for this home is MLS# 50138749.