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616/618 Water St, Hancock, MI, 49930

$249,000

Home List Price

$2,957*

Closing Credit

6 Bedrooms
2 Full Baths, 1 Partial
3,264 SqFt
$76/SqFt
Multi
Schools Nearby

Location

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616/618 Water St, Hancock$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 or More Spaces, Unassigned/General
Year Built1911
HeatingForced Air
CoolingNone
BasementYes
WaterfrontNone
ViewNone
MLS #50138749
Lot Size0.11 Acres
StatusActive

About 616/618 Water St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Conventional Frame
  • Year Built: 1911
  • Stories: 2
  • Living Area: 3,264 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: ADAM TAIVALKOSKI

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Dryer, Freezer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Deck

Parking Information:

  • Parking: 3 or More Spaces, Unassigned/General

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

School District Information:

  • School District: Hancock Public Schools

Other

Directions Information:

  • Directions: Take first right (Dakota St) on Hancock St after McGann's Building Supply. Take R on Water St, property is immediately on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $76/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%
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MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50138749

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: ADAM TAIVALKOSKI

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, 8:20:42 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-4899609
6
/10

  • Barkell Elementary School

  • 1201 N Elevation St

  • 0.71 miles

  • Public Magnet Grades KG-5

school-card-donut-4899610
7
/10

  • Houghton Elementary School

  • 203 W Jacker Ave

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-4899611
8
/10

  • South Range Elementary School

  • 2 Whealkate Dr

  • 4.60 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 $26,719. Most Houghton County, MI residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Houghton County›Hancock›49930›616/618 Water St

This home is located at 616/618 Water St in Hancock, MI and zip code 49930. This 3,264 square foot home, which was built in 1911, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $249,000.

The number of homes for sale in Houghton County, MI increased by 85% between March 2024 and April 2024. Listings spent 78 days on the market in April 2024, and had a median list price of $210,000 during the same period.

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

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