About This Home
This 10-bedroom, 7-bathroom residential multi family at 50561 Sixth Street in Hancock, MI is listed for $899,000 ($149 per sqft). Built in 2015, the home offers 6,030 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 2015
- 0.14 acre lot
Property Details
Amenities
HIGH GATE Apartments! Six apartment units with ceiling fans every room, stainless steel appliances, ambient lighting, and natural wood work. Five units have walk out balconies. Three apartments have leaded stain glass windows, custom tile work, and jetted hot tubs.
All have personal laundry room and enclosed parking. Includes spa area with electric sauna & "swim in place" pool with side jets for conventional hot tub use plus outdoor courtyard. Fully occupied with waiting list. Efficient, clean, & charmingly unique. Excellent cash flow with tenants paying their own utilities. Located in peaceful Paavola Location just a few minutes from downtown Hancock & Houghton. Buyer letter of financial qualification required prior to showings.
Monthly Cost Estimate
$4,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
50561 Sixth Street
Hancock, MI 49930
Paavola
Features & Amenities
Interior Features
Exterior Features
Property Details
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 7-bathroom residential multi family at 50561 Sixth Street is listed at $899,000 ($149/sqft). The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2015, 0.14 acre lot. Interior Features: Interior Balcony, Cable/Internet Avail., Cathedral/Vaulted Ceiling. Exterior Features: Deck, Spa/Hot Tub, Exterior Balcony.
This property is listed by THOMAS TIKKANEN and can be reached at 9063372100.