52175 M203 Highway
Hancock, MI, 49930 $ 399,000
Bedrooms4 Baths2.0 Sq 2,020 Monthly Estimate*
$ 2,519
for $399,000 with 4 bedrooms and 2 full baths. This 2,020 square foot home was built in 1920 on a lot size of 0.27.
PORTAGE LAKE! This two-unit waterfront property sits on approximately 332 feet of Portage Canal frontage. Each residential unit has 2 bedrooms, 1 full bathroom, and a private entrance. The waterfront-side unit features an eat-in kitchen, a living room with large windows overlooking the canal, a main-floor bedroom, a full bathroom, a second-floor private bedroom, and a walkout basement with convenient waterfront access. The second unit includes an eat-in kitchen, living room, and full bathroom on the main floor, with 2 bedrooms upstairs. Both units are tenant-occupied with signed leases and flexible terms for landlords; leases may be shared for a buyerâs review with a prequalification letter and/or proof of funds. Outside, the property offers approximately 332 feet of waterfront, 2 permanent docks, a rustic wood-fired sauna, and a sizable roadside storage shed for outdoor equipment and recreational gear. This is a special opportunity to own Portage Canal waterfront property with existing rental income potential until you are ready to occupy and enjoy it yourself. Since 2022, the seller has completed many updates, including some of the following: flooring, electrical, plumbing, appliances, kitchen fixtures, bathroom fixtures, exterior improvements, drywall, painting, and more. A list of updates is available upon request. Leases to transfer at closing. ------ NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the sellerâs. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Buyer pre-approval or proof of funds documentation to be provided upon request. ------OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.
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FeaturesInteriorInterior Amenities None (InteriorFeatures)
Basement Block Full Outside Entrance Interior Access Unfinished
Bedroom 3 Level Upper
Bedroom 1 Level Main
Bedroom 2 Level Upper
Beds 4
Fireplace? No
Total Rooms 8
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GeneralHeating Boiler
Kitchen Level Main
Cooling Ceiling Fan(s)
Possession Subject To Tenant Rights
Zoning https://hancocktwp.org/ordinances/ Other
Water Private Well
Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1920
Parking Paved Driveway
Subdivision . MI
Water Heater Propane Hot Water
Style Traditional
County Houghton
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Hancock Twp
New Construction Y/N No
Electric Circuit Breakers
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available Electricity Connected
Structure Style 1 1/2 Story
Area Hancock Twp (31012)
Primary City Hancock
Directions From M26/Sharon follow M26 to Hancock L off Bridge onto Front St R on Reservation L on Quincy Follow Quincy/M203 past Gino's Restaurant approx 4.7+/- miles to property on L
City Hancock
School District Hancock Public Schools
Financial Terms Cash Conventional
Legal Description Parcel 1 and 2 being a part of Government Lot 5 Section 9 T55N R34W Hancock Township See survey for full legal description. Both parcel IDS: 007-009-056-00 and 007-009-057-00
DOM 7
Postal Code 49930
Price Per Sq Ft Total AG 197.52
Public Remarks PORTAGE LAKE! This two-unit waterfront property sits on approximately 332 feet of Portage Canal frontage. Each residential unit has 2 bedrooms 1 full bathroom
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ExteriorExterior Wood Asphalt
Exterior Amenities Deck
Frontage 332
Body of Water Portage
Lot Size Area 0.27
Pool (Y/N) No
Lot Dimensions 332x34x332x50+/- See Surv
OUT BUILDINGS Shed Sauna
Water Features Canal Frontage Lake Frontage Water View Waterfront Interior Lake
Roads City/County Paved Street Year Round
Waterfront Y/N Yes
Frontage Type Water
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* Excluded FeaturesList ByEMMETT LARSONListing Agent
Century 21 AffiliatedBroker
emmett.larson@c21affiliated.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,519
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbySingle family listings in Hancock, MI
Average List Price $324,940
Percent of Sale Price 19%
About Hancock, MI 4,784 Population
7% Since 2002
$ 39,308 Median Income
34.6 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3701283 Elementary School
3701287 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $399,000 | | Listed Price |