Investment Opportunity! Located on the first block of downtown Hancock with 5 apartment and 2 commercial units. The building has 2 levels with approximately 3,000 sq feet per floor. The residential apartments have electric heat, paid by the tenant. The main roof is approximately 12-15 years old, Smaller metal portion of the roof is approximately 1 year old. Some of the units have had recent updates to some flooring, paint, some appliances. Parking for tenants is available for rent through the City of Hancock and located behind the Northern Mutual Insurance office across the side street (Verify rental rate with the City office: estimated to be $60 per permit for winter, free in the summer) Rentals are on a month to month basis. Unit R2: Rent: $300, 1 bathroom, month to month lease. Good rental occupancy history!
MLS # 1118226
Listed By CENTURY 21 North Country Agency
1100 Century Way, Suite C, Houghton, MI 49931
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 127 Quincy, Hancock, MI
is currently for sale.
127 Quincy, Hancock is listed
CENTURY 21 Real Estate
This property has 6 full bathrooms, and Lot Size of approximately 0.07.
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