248 Franklin Street, Hancock, Houghton County, MI 49930, USA
6Bed:
4Bath:
3,200 Sq FtLiving Area:
Price
$ 325,000
Sold
Show
6
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About This
House
Investment opportunity! 4-unit, brick apartment building located just one block from downtown Hancock. Well-maintained. Many newer windows. Some hard wood floors. Configure these units to your liking. Keep all 4 as income generators or live in 1 and rent the other 3. Or you could live in of the building, have 2 floors to yourself, and rent the 2 apartments on the other side. Each apartment has 1 or 2bedrooms and either a bath with a shower or a full bath. Nice kitchens. Basement is accessed from a back door. All current tenants leases expire May31, 2024.The rental amounts in place are not at current market rates. New owner may increase the rents as they see fit once leases expire.…
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