6-Unit Apartment Building with
For Sale
$899,000
50561 Sixth Street, Hancock, MI 49930
MULTIFAMILY, More than 2 Stories, Hancock, MI
Property Size6,030 SF
Lot Size0.14 Acres
Price / SF$149.09
Days on Market84
Property Features for 50561 Sixth Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 1, Bedroom 6, Bathroom 6, Bedroom 3, Bedroom 8, Bedroom 5, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 2, Bathroom 5, Bedroom 10, Bathroom 7
Parking features
Driveway, Garage
Spa
1
Patio and Porch features
Deck
Interior features
Interior Balcony, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Spa/Jetted Tub, Indoor Pool, Window Treatment(s)
Exterior features
Deck, Spa/Hot Tub, Exterior Balcony
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Subdivision
Paavola
Lot features
Corner Lot
Elementary school district
Hancock Public Schools
Middle school district
Hancock Public Schools
High school district
Hancock Public Schools
Standard status
Active
Size
6,030 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3699
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Water source
Private
Amenities
ceiling fans
stainless steel appliances
ambient lighting
natural wood work
walk out balconies
leaded stain glass windows
custom tile work
jetted hot tubs
personal laundry room
enclosed parking
spa area
electric sauna
swim in place pool
outdoor courtyard
Building Details
Year built
2015
Number of units
6
Architectural style
Contemporary, Conventional
Listing Agency:
SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
(906) 337-2100
Listed By:
THOMAS TIKKANEN · License #6502370296
(906) 369-0094
Added: Jun 22
Changed: Sep 11
Last Checked: Sep 13 at 4:06AM
MLS# 50221472
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.
Investment Insights
Based on property information with market context.
Built in 2015, this 6,030-square-foot apartment property contains six units on 0.14 acres. Apartments feature ceiling fans throughout, stainless steel appliances, ambient lighting, natural woodwork, and individual laundry rooms. Enclosed parking is provided for residents, while five units offer walk-out balconies. Select apartments add leaded stained-glass windows, custom tile details, and jetted tubs.
Shared amenities include a spa area with an electric sauna, an indoor swim-in-place pool with side jets, and an outdoor courtyard. The property is fully occupied and has a waiting list, with tenants responsible for their own utilities. Located in Hancock, the building is a short distance from downtown Hancock and Houghton.
Shared amenities include a spa area with an electric sauna, an indoor swim-in-place pool with side jets, and an outdoor courtyard. The property is fully occupied and has a waiting list, with tenants responsible for their own utilities. Located in Hancock, the building is a short distance from downtown Hancock and Houghton.
Key Highlights
- Six apartment units totaling 6,030 square feet, built in 2015
- Five units feature walk‑out balconies
- Each apartment includes a personal laundry room and enclosed parking
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 49930, MI
7,135
Population
3,366
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
49.5 sq mi
ZIP Area
144
Density / Sq Mi
$67,946
Median Household Income
$31,847
Median Earnings
$749
Median Rent
$211,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartments include personal laundry rooms, enclosed parking, and shared spa amenities.
Where is this apartment building located?
The property is located at 50561 Sixth Street Hancock, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Six apartment units totaling 6,030 square feet, built in 2015; Five units feature walk‑out balconies; Each apartment includes a personal laundry room and enclosed parking
