TBD US41 Highway # Lake Annie Rd Hancock, MI ^$ 199,000

TBD US41 Highway # Lake Annie Rd

^$ 199,000

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TBD US41 Highway # Lake Annie Rd

Hancock, MI, 49930

^$ 199,000

Studio Baths0.0

Monthly Estimate*

^$ 1,390

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Studio

Lots and Land for sale in Hancock, MI

for $199,000. The lot size is 4.55.

Very unique investment opportunity! This property has over 4 acres and over 600 feet of frontage on US41! The property borders US41, Lake Annie Rd, and Street Car Rd. The property is conveniently located just outside of the City of Hancock, just short drive to the City of Houghton, and is on the way to the Calumet/Laurium and the Keweenaw Peninsula. This location currently has an annual average daily traffic count of 9,116 according to MDOT. The property is located within Franklin Township which may allow for many potential uses given that Franklin Township is not currently zoned! Buyer to verify locations of utilities. Property use is subject to buyer's verification with the Township. Looking for a site for a project? Then check out this property!

Lots and Land Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 859

Style

Vacant Land

Lot Size

4.55

Town/City

Hancock

County/Region

Houghton

MLS | Web ID

50110494

Features

General

Possession At Close

Water None

Status Active Keep Showing-Contgcy Appl

Subdivision Franklin Mine

Style Vacant Land

County Houghton

Class VACANT LAND

Type Vacant Land

Percent Ownership Private

Municipality Franklin Twp

Zoning None (Zoning)

Utilities None (Utilities)

Area Franklin Twp (31011)

Directions US41 North to Property on the left just before Lake Annie Rd

City Hancock

School District Hancock Public Schools

Street Name US41

Financial Terms Cash Conventional

Legal Description LOT 1 ASSESSOR'S PLAT OF FRANKLIN MINE EXCEPT BEG AT SE COR OF LOT 1; TH N 58 DEG 52'48 W 120.86'

DOM 340

Price Per Sq Ft 43736.26

Coming Soon Very unique investment opportunity! This property has over 4 acres and over 600 feet of frontage on US41! The property borders US41 Lake Annie Rd

Exterior

Frontage 668

Lot Size Area 4.55

Lot Dimensions 668' US41 367' Lake Annie

Lot Description Partially Wooded

Fuel on Site None (Fuel On Site)

Water Features None

Roads City/County Paved Street Year Round Black Top

Waterfront Y/N No

Frontage Type Road

* Excluded Features

List By

DAVID JUKURI

Listing Agent

Century 21 Affiliated

Broker

david.jukuri@c21affiliated.com

Affordability Calculator

$1,462

Per Month

Monthly Principal & Interest: $1,390
Monthly Property Taxes: $72
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Hancock, MI

Average List Price ^$77,252

Percent of Sale Price 61%

About Hancock, MI

4,784 Population

7% Since 2002

^$39,308 Median Income

34.6 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3701283 Elementary School

3701287 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$199,000	-13.10%	Price Down
5/31/2023	$229,000		Listed Price

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TBD US41 Highway # Lake Annie Rd, Hancock, MI, 49930 is a Lots and Land for sale at $199,000 with a lot size of 4.55. TBD US41 Highway # Lake Annie Rd is a studio with 0.0 baths. The property's zip code is 49930 which is in Hancock, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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TBD US41 Highway # Lake Annie Rd

Lots and Land for sale in Hancock, MI

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