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404 HANCOCK AVE
HANCOCK, MI 49930

$249,000
MLS# 1105920

 

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PROPERTY DESCRIPTION

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! A good history of income and 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 1105919 and MLS 1105921. This property is a rental property. Please inquire for lease terms.

 
LOCATION
404 HANCOCK
Hancock, MI 49930

County: Houghton

School District:

Property Tax Area: Hancock City

Waterfront: None
Water View: Lake
Shoreline: Not Applicable

Road Access: Year Round

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DETAILS
Business Type Rental
Total Buildings 2.00
Total Building Square Feet 4845.00
Lot Dimensions 107x75+/-
Year Built (Approx.) 0
Status: Active
 
 
BUILDING & CONSTRUCTION

Foundation: Stone

 

Basement: Full,Walkout

Construction: Conventional Frame

Garage:

Fireplace:

 

Exterior: Wood

Outbuildings: Shed

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Stone

 

Basement: Full,Walkout

Green Features: None

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Yes

 

Natural Gas: Yes

Sewer: City

Water: City

Cable: Available

 

Telephone: Available

Propane Tanks: N/A

 

Air Conditioning: None

Heat: Natural Gas Hot Water

 

Supplemental Heat: None

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
*
* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Century 21 North Country Agency-h

Listing Agent:
Weidner (jukuri), Kristine

 
 
 

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