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Jenn Smart

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50561 Sixth , Hancock, MI 49930
$950,000
Est. Payment: $4,950.58/mo
10 Bed
7 Bath
5288 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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. More details available in Associated Documents. Buyer letter of financial qualification required prior to showings.

Highlights

Listed by THOMAS TIKKANEN , 906-337-2100 SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS , 906-337-2100. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.01

Year Built

2015

County

Houghton

Area

Franklin Twp (31011)

School District

Hancock Public Schools

Listing ID

50212338

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:7
  • Full Bathrooms:7
Appliances:Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Air Cond:Ceiling Fan(s),Exhaust Fan
Fireplaces:
Above Ground Sq Ft:5288
Below Ground Sq Ft:0
Basement:Partial
Other:
  • Additional:Cable/Internet Avail., Cathedral/Vaulted Ceiling, Spa/Jetted Tub, Window Treatment(s), Spa/Sauna
Water:Private Well

Exterior Features

Lot Dimensions:60 x 100
Others:
  • Additional:Deck, Fenced Yard, Patio, Porch, Spa/Hot Tub
Sewer:Public Sanitary
Parking Features:Attached Garage,Electric in Garage,Gar Door Opener,Heated Garage,Garage,Paved Driveway
Principal Interest
$4,951
Taxes
$308

Home Price

$950,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,950.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,950.58 $308.08 $0.00 $5,258.67
Yearly $59,406.99 $3,697.00 $0.00 $63,103.99
Total $1,782,209.57 $110,910.00 $0.00 $1,893,119.57
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Hancock, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T03:11:55.100Z

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