Looking for income potential or multi-generational living in the heart of the Keweenaw? This 6 bed / 3 bath duplex in East Hancock offers two spacious units with classic Victorian charm! Situated on a desirable corner lot just a short distance from the Lift Bridge, this property offers versatility as either a pure investment or an owner-occupied home with rental income. The location is ideal, being close to schools and downtown amenities while sitting on a paved street with easy access. Walking through the entrance of the first-floor unit, you are immediately welcomed by the character of the home, featuring tall ceilings and honey-golden hardwood floors that span the majority of the living space. The spacious living room features a built-in shelving niche and flows seamlessly into the open-concept dining area. Here, the space is anchored by a stunning fireplace mantel with fluted columns, creating an ideal layout for entertaining. Just off the dining area is the kitchen, which offers a cozy, vintage aesthetic with wainscoting, a textured painted-brick accent wall, and open floating shelves that complement the ample cabinet space. Three bedrooms and a full bathroom complete the main level, offering comfortable living with plenty of natural light. One bedroom is a true showstopper, featuring a unique fireplace with a decorative tiled surround displaying intricate blue and grey illustrations, perfect for a moody den or a charming guest room. The second-floor unit mirrors the spaciousness of the main level but adds its own unique flair. It features an open-concept kitchen and dining area accented by wood-look parquet flooring. The unit includes its own living room, a full bath, and three bedrooms, one of which boasts a bright bay window alcove and door casings with decorative corner rosettes. Currently tenant-occupied with a lease through June 2026, this unit provides immediate rental income! Separate electric meters make utility management convenient for the landlord. The full basement offers tons of extra storage space, a kitchenette, full bath, laundry area, and a workshop space with a sturdy workbench for your projects. There is even a bonus room featuring a wall-length chalkboard, ready to become a playroom or creative studio. A true highlight of the basement is the sauna, clad in horizontal wood planks with multi-tiered benches, perfect for warming up and relaxing during the winter months! Outside, the yard includes a storage shed and plenty of parking. Whether you are looking for a portfolio addition or a home that helps pay the mortgage, this East Hancock duplex has much to offer. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer. Buyer is responsible for verifying all square footage, lot lines, and room dimensions. Statements regarding potential income or investment uses are estimates only; buyer to verify rental requirements with the City of Hancock.
This well-maintained duplex offers a fantastic location near the waterfront/beach, downtown Hancock, shops, schools, the hospital, and the neighborhood park. Both units feature entrances from the front and back of the property. Notably, the electrical system has been completely updated by the current owners.The main floor unit includes one bedroom, a kitchen, a bathroom, and access to the enclosed front porch. The upstairs unit is spread across two levels. The first upper level has two bedrooms (with the living room easily convertible into a third bedroom), a full bathroom, and a kitchen. A staircase leads to the upper level (formerly the attic), which features two additional bedrooms, a sitting area (also potentially usable as a bedroom), and a half-bath. Both attic bedrooms are equipped with air conditioning. There are shared laundry facilities located in the basement, accessible via a stairwell from the back of both units. Historically, the main floor unit has utilized parking on the side of the house, while the upper unit has used the parking area accessible from the alley. This property presents an excellent income opportunity with a history of consistent occupancy. Please note that the current tenant requires at least 48 hours' notice for all viewing appointments.
Redevelopment opportunity in West Hancock! This building has over 9,000+/- square feet of potential! Previous uses have been mixed with commercial and multi-family. Building is situated on a corner lot and has paved parking. Roof age is estimated as follows: flat membrane roof 19+/- years; South 1/2 of shingled roof 11 years; North 1/2 of shingled roof 20+. Heating system: New furnace installed August 2020 for the main level store. Store water heater installed around 2020+/-. Convenient location to the Hancock Schools, U.P.Health System â?? Portage, Laurn Grove Park, recreational trails and the Houghton County Arena and Fairgrounds. The upper level has potential for 3-4 apartments. Heat: Main store area is forced air. Upper level is electric baseboard. Seller would entertain an offer including any personal property or other items remaining at the time of closing. Seller reserves the right to sell or remove any personal property, shelving, equipment etc. prior to closing, unless otherwise agreed upon in a written offer. Seller will be removing the murals from the exterior of the building. Seller is selling AS-IS. Restriction on use for future owners that will run with the land: No future use shall be for grocery, deli, natural foods, vitamins or supplements or other related goods that would be deemed competition to the services of The Keweenaw Cooperative, Inc. as operating in the new location at 610 Quincy St, Hancock, MI. This wording is subject to updating by Seller's attorney prior to closing and with prior notice to the Buyer. NOTICE: All information believed accurate but no twarranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyerâ??s tax bills will be similar to the sellerâ??s current tax bills. Taxes are not zero. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Also listed under MLS: 50174608 (commercial)
Hancock is located in Michigan. Hancock, Michigan has a population of 4,558. Hancock is more family-centric than the surrounding county with 31.06% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Hancock, Michigan is $43,514. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Hancock is 30.7 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 6.5 degrees. The average rainfall is approximately 31.6 inches per year, with 205 inches of snow per year.
