209 Montezuma St, Hancock, MI 49930
For Sale
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An intriguing location in City of Hancock! Convenient for living in a neighborhood so close to the main street of Hancock but also a location with B-2 Community Mixed-Use zoning district allowing for other investment/business type uses. Maybe an office≠ Rental (business or residential)≠ As you enter the home through enclosed front porch leading to the foyer, you will find the dining room and living rooms with large windows providing a bright and airy feel, hardwood floors, leaded glass windows, built-in dining room cabinet and original character. The kitchen has had many updates and is very efficient. There is also a half bath on the main level. The second floor has three bedrooms, a full bathroom with a clawfoot tub and a stackable laundry closet. One of the bedrooms has an extra area that would be great for an office or reading nook. There is a third floor with potential for additional living space with a view of the Portage Canal from some areas. The park across the street has nice green space and activity area. Just down from the park are stairs leading to the trail. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant), property will be reassessed by the municipality after sale is completed & buyer should NOT assume that buyer's tax bills will be similar to the seller's current tax bills. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Buyer to verify with the City of Hancock their intended use is as permitted by the City zoning. Property is also listed as residential MLS 50186945.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
