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$249,000

MLS 50138749
616/618 Water Hancock, MI 49930  
mls

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.
Price $249,000 Ttl Baths: Frontage:  No
Style: Full Baths: School:
Trailside: Partial Baths: Lot Size: 50x97
Bedrooms: Waterview: Acres: 0.11

Ttl Sqft: Garage:

Room Sizes

Fireplace:  Garage Size:  Living Room Size:
Year Built: County: Houghton Dining Area Size:
Lake/River:  Deeded Water Access: Kitchen Size:
Waterfront: No Foundation: Family Room Size: 
Exterior: Basement Size:    Bedroom 1 Size:
Construction:   Bedroom 2 Size:
    Bedroom 3 Size:
 

Addendum:

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Listing Provided Courtesy of:
EXP REALTY LLC
ADAM TAIVALKOSKI

Copyright � 2013 Upper Peninsula Association of Realtors (UPAR)
Listing provided by Upper Peninsula Association of Realtors (UPAR), database last updated Monday May 06, 2024
 
Direct Link:  https://uparidx.com/rets/idx/greatlakesandland/residential/index.php?view=50138749