50561 Sixth Street Hancock, MI ^$ 899,000

50561 Sixth Street

^$ 899,000

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50561 Sixth Street

Hancock, MI, 49930

^$ 899,000

Bedrooms10 Baths7.0 Sq 6,030

Monthly Estimate*

^$ 5,676

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Multi-Family Home for sale in Hancock, MI

for $899,000 with 10 bedrooms and 7 full baths. This 6,030 square foot home was built in 2015 on a lot size of 0.14.

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.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,699

Style

Contemporary,Conventional Frame

Lot Size

0.14

Year Built

2015

Town/City

Hancock

County/Region

Houghton

MLS | Web ID

50221472

Features

Interior

Interior Amenities Interior Balcony Cable/Internet Avail. Cathedral/Vaulted Ceiling Spa/Jetted Tub Indoor Pool Window Treatment(s)

Basement Other

Beds 10

Fireplace? No

Total Number of Units 6

Bath Descriptions Whirlpool/Hot Tub

Fuel Type LP/Propane Gas

General

Heating Forced Air

Cooling Ceiling Fan(s)

Possession Subject To Tenant Rights

Garage Attached Garage Detached Garage Heated Garage

Water Private Well

Appliances Dishwasher Disposal Dryer Microwave Range/Oven Refrigerator Washer

Status Active Active

Full Baths 7

Half Baths 0

Bathrooms 7

Year Built 2015

Parking Garage Paved Driveway

Subdivision Paavola MI

Style Contemporary Conventional Frame

County Houghton

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Franklin Twp

Sale/Rent For Sale

Status Detail 0

Utilities Cable Connected Electricity Connected Sewer Connected Water Connected Internet Spectrum

Structure Style More than 2 Stories

Area Franklin Twp (31011)

Primary City Hancock

Location Corner Lot

Directions from Hancock take Hwy US41 north past Quincy Hill. Turn right on Paavola Road. Continue onto Sixth Street. Property is on the right on the corner of 6th & Main Streets

City Hancock

School District Hancock Public Schools

Financial Terms Cash Conventional

Legal Description Lot 7 & S 10' of Lot 8 Blk 1 Plat of Concord City

DOM 94

Postal Code 49930

Price Per Sq Ft Total AG 149.09

Public Remarks HIGH GATE Apartments! Six apartment units with ceiling fans every room stainless steel appliances ambient lighting

Exterior

Exterior Vinyl Siding

Exterior Amenities Deck Spa/Hot Tub Exterior Balcony

Frontage 60

Lot Size Area 0.14

Lot Dimensions 60x100

Water Features None

Roads City/County Paved Street Year Round

Waterfront Y/N No

* Excluded Features

List By

THOMAS TIKKANEN

Listing Agent

Superior Properties -Real Estate Sales And Rentals

Broker

tom@superiorpropertiesrealestate.com

Affordability Calculator

$5,985

Per Month

Monthly Principal & Interest: $5,676
Monthly Property Taxes: $308
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Multi-family listings in Hancock, MI

Average List Price ^$439,467

Percent of Sale Price 51%

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
9/11/2026	$899,000		Listed Price

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50561 Sixth Street, Hancock, MI, 49930 is a Multi-Family Home for sale at $899,000 with 6,030 sqft and a lot size of 0.14. 50561 Sixth Street has 10 bedrooms, 7.0 baths, and was built in 2015. 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 6.49% 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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50561 Sixth Street

Multi-Family Home for sale in Hancock, MI

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