616/618 Water

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Address: 616 Water St, Hancock, MI 49930, USA
Created date: July 15, 2024
Date last updated: July 15, 2024

Property Description

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. The basement is very tall and has a washer/dryer for each side. The attic could be finished off for additional space. 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $239,000
No. of Units: 2
Year Built: 1911
Lot Size: 3,264.00 Sq ft
Opportunity Zone: No
Price per unit: $119,500
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 3
Address: 616/618 Water, Hancock, MI 49930, USA
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