About This Home

This 10-bedroom, 7-bathroom residential multi family at 50561 Sixth Street in Hancock, MI is listed for $899,000 ($149 per sqft). Built in 2015, the home offers 6,030 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 2015
  • 0.14 acre lot

Property Details

7 full
6-car garage
2015

Amenities

Spa
Listing 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. Buyer letter of financial qualification required prior to showings.

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

50561 Sixth Street

Hancock, MI 49930

Paavola

Features & Amenities

Interior Features

Interior BalconyCable/Internet Avail.Cathedral/Vaulted CeilingSpa/Jetted TubIndoor PoolWindow Treatment(s)

Exterior Features

DeckSpa/Hot TubExterior Balcony

Property Details

Outdoor Features

Deck

Parking

DrivewayGarage

Heating

Forced Air

Cooling

Ceiling Fan(s)

Appliances

DishwasherDisposalDryerMicrowaveRange/OvenRefrigeratorWasher

Questions & Answers

This 10-bedroom, 7-bathroom residential multi family at 50561 Sixth Street is listed at $899,000 ($149/sqft). The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2015, 0.14 acre lot. Interior Features: Interior Balcony, Cable/Internet Avail., Cathedral/Vaulted Ceiling. Exterior Features: Deck, Spa/Hot Tub, Exterior Balcony.

This property is listed by THOMAS TIKKANEN.

TT

THOMAS TIKKANEN

Agent at SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS

Listed by SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS · Broker phone: 906 3690094 · View on Broker Site

MLS# 50221472· Source: Upper Peninsula Association of Realtors· 130 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

50561 Sixth Street, Hancock, MI 49930

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