327 E STATE Street Hanover, MI ^$ 435,000

327 E STATE Street

^$ 435,000

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327 E STATE Street

Hanover, MI, 49241

^$ 435,000

Studio Baths6.0 Sq 4,368

Monthly Estimate*

^$ 2,714

327 E STATE Street, Hanover, MI 49241 - Image 1

327 E STATE Street, Hanover, MI 49241 - Image 2

327 E STATE Street, Hanover, MI 49241 - Image 3

327 E STATE Street, Hanover, MI 49241 - Image 4

327 E STATE Street, Hanover, MI 49241 - Image 5

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327 E STATE Street, Hanover, MI 49241 - Image 7

327 E STATE Street, Hanover, MI 49241 - Image 8

327 E STATE Street, Hanover, MI 49241 - Image 9

327 E STATE Street, Hanover, MI 49241 - Image 10

Studio

Multi-Family Home for sale in Hanover, MI

for $435,000 with 6 full baths. This 4,368 square foot home was built in 1964.

Well managed and fully occupied cash flowing opportunity in the quiet village of Hanover. This apartment complex is in excellent condition and has had major cap x done in the past 4 years including roof replacements and upgrades to well and septic and water filtration systems. Tenants are all current and every unit is in great condition. Professional property management has maintained and addressed issues as they arise- no deferred maintenance here! Vinyl sided, newer windows and new and well maintained mechanicals make this property ideal for an investor who truly wants to be hands off with a property that doesn't require municipal inspections. Separate mechanicals and utilities. SOLD AS IS Actuals are available. Land Contract terms offered at higher price see agent notes BATVAI

Multi-Family Active

Price

^$ 435,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,441

Style

Ranch

Year Built

1964

Town/City

Hanover

County/Region

Jackson

MLS | Web ID

60374650

Features

General

Heating Baseboard Hot Water Radiant

Possession At Close

Water Private Well

Status Active Accepting Backup Offers

Full Baths 6

Half Baths 0

Bathrooms 6

Year Built 1964

Subdivision LONE OAK SUB MI

Style Ranch

County Jackson

Class MULTIFAMILY

Type Multi-Family

Net Income 32831

Ownership Private

Municipality Hanover

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 3

Structure Style 1 Story

Area Hanover (38025)

Primary City Hanover

Directions State street just past split rail trail and Historic Organ Museum. If you pass the dentist office coming from the east you've gone too far.

City Hanover

School District Hanover Horton Schools

Financial Terms Cash Conventional

Legal Description LOTS 2 & 3 LONE OAK SUBDIVISION VILLAGE OF HANOVER

DOM 231

Postal Code 49241

Price Per Sq Ft Total AG 99.59

Public Remarks

Exterior

Exterior Vinyl Siding

Frontage 198

Lot Dimensions 198.00 x 152.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 6

Fuel Type Natural Gas

* Excluded Features

List By

Heather Dell

Listing Agent

Re/Max Leading Edge

Broker

HEATHERMDELL@GMAIL.COM

Affordability Calculator

$3,334

Per Month

Monthly Principal & Interest: $2,714
Monthly Property Taxes: $620
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Multi-family listings in Hanover, MI

Average List Price ^$435,000

Percent of Sale Price 0%

About Hanover, MI

439 Population

0% Since 2002

^$49,096 Median Income

38.96 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1571932 Elementary School

1572293 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2025	$435,000		Listed Price

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327 E STATE Street, Hanover, MI, 49241 is a Multi-Family Home for sale at $435,000 with 4,368 sqft. 327 E STATE Street is a studio with 6.0 baths and was built in 1964. The property's zip code is 49241 which is in Hanover, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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327 E STATE Street

Multi-Family Home for sale in Hanover, MI

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