404 Hancock
Hancock, MI 49930
MLS #1098104

Commercial
  • 4,845sq ft
$249,000
Est. P&I payment: $951.01/mo
404 Hancock, Hancock, MI 49930
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Description for 404 Hancock, Hancock, MI 49930
Great traffic exposure on Hancock Street with off street parking! Looking for a space to locate your business which also produces rental income? It is a great investment opportunity, this house is a cash cow! This huge house is generating $4094 in gross rent per month at the time of listing. A good history of tenants which have been students at Finlandia University and/or Michigan Technological University. The house has 10 bedrooms (easily converted to 12) and 4 bathrooms with 3 laundries and 4,800 sf. Formal dining room, updated kitchen, significant remodeling of lower level. Plenty of parking. Zoned B-2 Community Business District. Across from Montezuma Park in downtown Hancock, near hiking and biking trail. View of Portage Lake. Turnkey purchase, buy it and you will begin generating instant income. Some original features including woodwork, beamed ceiling, hardwood floors and built-in features still remain and add to the charm! Note: Square footage includes all 4 levels. Parking space total is an estimate and varies depending on size of cars and is based on cars parking in tandem in some areas. Also listed under MLS 1098103 and 1098105. This property is a rental property. Please inquire for lease terms. SPECIAL OPPORTUNITY - SELLER OFFERING DISCOUNT IF this property, is purchased simultaneously with 205 Portage St, Houghton (MLS: 1101389)!
MLS #1098104
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My Notes for MLS #1098104

General Features

  • Number of Levels: 4
  • Total Number of Buildings: 2

Exterior Features

  • Exterior: Wood
  • Lot Dimensions: 107x75+/-
  • Outbuildings: Shed

Interior Features

  • Basement: Full,​Walkout
  • Est.Total Building SQFT: 4,845

Utility Features

  • Air Conditioning: None
  • Cable: Available
  • Electric: Yes
  • Heat: Natural Gas Hot Water
  • Natural Gas: Yes
  • Propane Tanks: N/A
  • Sewer: City
  • Supplemental Heat: None
  • Telephone: Available
  • Water: City

Financial Features

  • Association Fee: .
  • Financing Options: None
  • Price Per SQFT: 51.39
  • Rental Options: No Rental Available

Community Features

  • Body of Water: Portage Lake View

Miscellaneous Features

  • Business Type: Rental
  • Construction: Conventional Frame
  • Foundation: Stone
  • Green Features: None
  • Road Access: Year Round
  • Shoreline: Not Applicable
  • Water View: Lake
  • Waterfront: None
  • Wooded: None

Location

 
Street View Not Available
Directions to 404 Hancock, Hancock, MI 49930
M26 to Hancock, follow Quincy St, L on Montezuma, Cross Hancock St, on R on corner of Hancock and Montezuma (by Montezuma Park)
The listing information for 404 Hancock, Hancock, MI 49930 was graciously provided by our friends at the listing brokerage, CENTURY 21 NORTH COUNTRY AGENCY-H

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P&I Payment $951.01
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Wild Rivers Realty & Associates, Inc's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Wild Rivers Realty & Associates, Inc, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 09/23/2017 at 2:20am
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