1 month on rocket

216-218 E Franklin St, Hancock, MI, 49930

$325,000

Home List Price

$3,859*

Closing Credit

5 Bedrooms
4 Full Baths
3,200 SqFt
$102/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

216-218 E Franklin St, Hancock$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Parking3 or More Spaces
Year Built1900
HeatingNatural Gas, Hot Water, Radiant
CoolingNone
BasementYes
WaterfrontNone
ViewNone
MLS #50138569
Lot Size0.12 Acres
StatusActive

About 216-218 E Franklin St

With the lack of available homes for sale, this 4-unit, brick apartment building, located just one block from 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 ½ 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 ¾ 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 Tech. Showings for qualified buyers with pre-approvalletters or proof of funds only. Seller reserves the right to leave any contents in the building. Back porch may need work. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lot size/dimensions, and age are approximate. Buyer must verify the information and bears all risk for inaccuracies. Taxes will change with the sale.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: RE/MAX DOUGLASS R.E.-H
  • Office Phone: (906) 482-1000
  • Listing Agent: GRETCHEN JANSSEN

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Oven, Refrigerator
  • Basement: Yes
  • Interior: Cable/Internet Avail., Hardwood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: None (ExteriorFeatures)

Parking Information:

  • Parking: 3 or More Spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Radiant
  • Cooling: None

School Info

School District Information:

  • School District: Hancock Public Schools

Other

Directions Information:

  • Directions: Cross the bridge, proceed to downtown Hancock. (R) on Tezcuco St., (L) on E Franklin, building on (L).

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $102/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50138569

Listing Office:

  • Office Name: RE/MAX DOUGLASS R.E.-H
  • Office Phone: (906) 482-1000
  • Listing Agent: GRETCHEN JANSSEN

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/21/2024, 10:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5656131
6
/10

  • Barkell Elementary School

  • 1201 N Elevation St

  • 0.77 miles

  • Public Magnet Grades KG-5

school-card-donut-5656132
7
/10

  • Houghton Elementary School

  • 203 W Jacker Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-5656133
8
/10

  • South Range Elementary School

  • 2 Whealkate Dr

  • 5.03 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,471. Most Houghton County, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 216-218 E Franklin St

What is the listing price of this property?

The listing price of 216-218 E Franklin St property is $325,000.

What type of property is this?

The property 216-218 E Franklin St is a house located in Hancock, Michigan, 49930.

Is this property for sale now?

Active Listing: 216-218 E Franklin St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 216-218 E Franklin St has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 216-218 E Franklin St is 3,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 216-218 E Franklin St is 1900.

Rocket Homes›Michigan›Houghton County›Hancock›49930›216-218 E Franklin St

This home is located at 216-218 E Franklin St in Hancock, MI and zip code 49930. This 3,200 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $325,000.

The inventory of homes for sale in Houghton County, MI between March 2024 and April 2024 increased by 85%. While the average time on the market in April 2024 was 78 days, the median list price was $210,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources