Historic charm with modern updates with this 14 BR 9 BA income property with views of the Portage Canal! Spaciousness is everywhere with tall ceilings, large room sizes, and over 6,000 square feet of living area! Fantastic income opportunity with consistent gross annual rents in excess of $100,000 per year. Located within walking distance to restaurants, entertainment, grocery/gas and more in the City of Hancock. This home was formerly the famous Ruppe Mansion, a historic mining area landmark. There is also potential to be converted into a one of a kind family residence. Take advantage of an immediate cash flow property!
| MLS # | 50205222 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1886 |
| Days On Site | 159 |
| Listing Provided By | NORTHERN MICHIGAN LAND BROKERS - H | JOSH STEIN |
| Bed(s) | 14 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 6,082 |
| Basement | Y |
| Zoning | Residential |
| Acreage | 0.28 |
| Property View | Water |
| Cooling Yes / No | No |
|---|---|
| Cooling | None |
| Heating Yes / No | Yes |
| Heating | Natural Gas, Hot Water |
| Interior Features | Cable/Internet Avail. |
| Appliances | Dishwasher, Microwave, Range/Oven, Gas Water Heater |
| Construction Materials | Cedar |
|---|---|
| Foundation Details | Basement |
| Lot Features | Corner Lot |
| Garage Yes / No | No |
|---|---|
| Parking Features | 3 or More Spaces |
| Utilities | Electricity Connected |
|---|
| List Aor | Upper Peninsula Assoc of Realtors |
|---|
| Property | 4061 |
|---|
| State | MI |
|---|---|
| County | Houghton |
| City | Hancock |
| Zip Code | 49930 |
| Area | Hancock (31013) |
| Listing VS Median (in 49930) | |
Price: $679,900 low | high Med: $275,000 sqft: 6,082 low | high Med: 3,504 $ / sqft: $112 low | high Med: $78 On site: 159 low | high Med: 125 | |
| State | MI |
|---|---|
| County | Houghton |
| City | Hancock |
| Zip Code | 49930 |
| Area | Hancock (31013) |
| Listing VS Median (in 49930) | |
Price: $679,900 low | high Med: $275,000 sqft: 6,082 low | high Med: 3,504 $ / sqft: $112 low | high Med: $78 On site: 159 low | high Med: 125 | |