Stately old doctor's home from the early 1900's. Original woodwork, plenty of space and a water view of Portage Lake! This home has so much space and potential! It could be your home or utilize it as it is currently set up with part for your home and part as a rental with the separate apartment. It is a great investment opportunity, this house is a cash cow! This huge house is generating $4094 in gross rent per month at the time of listing. A good history of 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: Lower square footage is the finished 3rd level. This property is a rental property. Please inquire for lease terms. SPECIAL OPPORTUNITY - SELLER OFFERING DISCOUNT OF $51,890 IF this property, is purchased simultaneously with 205 Portage St, Houghton (MLS: 1101389)! This discount is an adjusted asking price of $242,910 for 205 Portage St and $224,100 for 404 Hancock Ave. They must be purchased together for the discounted pricing.
MLS # 1098103
Listed By CENTURY 21 North Country Agency
1100 Century Way, Suite C, Houghton, MI 49931
Appliances: Dishwasher, Dryer, Range / Oven, Washer
located at 404 Hancock St, Hancock, MI
is currently for sale.
404 Hancock St, Hancock is listed
CENTURY 21 Real Estate
This property has 10 bedrooms, 4 full bathrooms, and approximately 4,845 square feet.
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