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616/618 Water Street, Hancock MI 49930 – (MLS #50138749)

$ 249K
616/618 Water Street, Hancock MI 49930,


  • Updated On:
  • April 26, 2024
  • 6 Bedrooms
  • 3 Bathrooms
  • 3,264 ft2


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.

Address: 616/618 Water Street, Hancock MI 49930
Zip: 49930
Country: US
Open In Google Maps
Property Id : 41385
Price: $ 249K
Property Size: 3,264 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 3
Last Updated: 2024-04-26T20:03:43.133Z
Construction Materials: Vinyl Siding
Covered Spaces: 0
Days On Market: 11
Elementary School District: Hancock Public Schools
Basement: Stone
Bathrooms Full: 2
High School District: Hancock Public Schools
Bathrooms Half: 1
Middle Or Junior School District: Hancock Public Schools
Year Built: 1911
Garage Spaces: 0
Mls Status: Active
Number Of Units Total: 2
Parking Total: 3
Patio And Porch Features: Deck
Photos Count: 44
Sewer: Public Sanitary
Stories: 2
Water Source: Public
Waterfront Features: None
Other Features
Bar Fridge
Electric Water Heater
Entrance Foyer
Has Heating System
Living Room
$ 1,276.67
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 965.42

Contact Me

Call (906) 370-4440 WhatsApp

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Kevin Liimatta