216-218 e franklin, hancock, MI 49930

Asking Price
The price of a property as listed on the market.

$325,000
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. With the lack of available homes for sale, this 4-unit, brick apartment building, located just one blockfrom downtown Hancock, is a perfect solution. Configure these units to your liking. Keep all 4 as income generators or live in 1 and rent the other 3. Or you could live in of the building, have 2 floors to yourself, and rent the 2 apartments on the other side. Well-maintained. Many newer windows. Some hard wood floors. Each apartment has 1 or2 bedrooms and either a bath with a shower or a full bath. Nice kitchens. Basement is accessed from a back door. The rental amounts in place are not at current market rates. New owner may increase the rents as they see fit once leases expire. Current owner pays for heat and water and for electricity in the common areas. Parking is located in the alley to the left of the building. Most tenants use the City of Hancock public parking lot located just a few steps east of the apartment building. Summer months are free to park. Winter parking pass costs $120. (The lot to the right of the building is not included). This location is convenient to downtown, shopping, and restaurants. 10-minute drive to Michigan Tec...

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

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Property Info
Property ID874487755
MLS Number50138569
CountyHOUGHTON
Bedrooms5
Bathrooms4.0
Living Area (sqft)3,200
Price/sqft$101
Year Built01/01/1900
Property TypeMulti-family (2-4 units)
Total Units4
Total Rooms10
Room ListBedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
AppliancesMicrowave, Range, Refrigerator
HeatingHot Water, Radiator
Listing StatusActive
Property Brokerage: Douglass Real Estate, Inc DBA RE/MAX Douglass Real Estate , 320 SHELDEN AVENUE, HOUGHTON, MI49931
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.

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