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For sale
  • Price cut: $51K (9/6)
    $899,000

    50561 6th St, Hancock, MI 49930

    10beds
    6,030sqft
    : 
    $6,369/mo
    Get pre-qualified
    Multi Family
    Built in 2015
    -- sqft lot
    $875,300 Zestimate®
    $149/sqft
    $-- HOA

    What's special

    Enclosed parkingJetted hot tubsOutdoor courtyardAmbient lightingNatural wood workLeaded stain glass windowsPersonal laundry room
    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.
    9 days
    200
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    THOMAS TIKKANEN 906-337-2100,

    SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS 906-337-2100

    Source: MiRealSource,MLS#: 50221472MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
      Features
      • Interior Balcony, Cathedral/Vaulted Ceiling
      • Windows: Window Treatments
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 6,030
      • Total interior livable area: 6,030 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage, Driveway, Attached, Detached, Heated Garage
      • Attached garage spaces: 6
      Features
      • Levels: More than 2 Stories
      • Patio & porch: Deck
      • Exterior features: Balcony
      • Has private pool: Yes
      • Pool features: Community, Indoor
      • Spa features: Bath, Spa/Hot Tub, Private, Community
      • Waterfront features: None
      • Frontage length: 60
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 60 x 100
      • Features: Corner Lot
      Details
      • Parcel number: 3100620100700
      • Special conditions: Private,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary,Conventional Frame
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Slab
      Condition
      • Year built: 2015

      Utilities & green energy

      • Gas: LP/Propane Gas
      • Sewer: Public Sanitary
      • Water: Private Well
      • Utilities for property: Cable/Internet Avail., Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Internet Spectrum

      Community & HOA

      Community
      • Subdivision: Paavola
      Location
      • Region: Hancock

      Financial & listing details

      • Price per square foot: $149/sqft
      • Tax assessed value: $755,160
      • Annual tax amount: $3,699
      • Date on market: 9/11/2026
      • Cumulative days on market: 90 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Total actual rent: 7190
      • Road surface type: Paved

        Estimated market value

        $875,300

        $832,000 - $919,000

        Not available

        Price history

        DateEventPrice
        9/6/2026Price change$899,000-5.4%$149/sqft
        Source: MiRealSource #50212338 Report a problem
        6/22/2026Listed for sale$950,000+37.7%$158/sqft
        Source: MiRealSource #50212338 Report a problem
        10/1/2020Listing removed$690,000$114/sqft
        Source: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS #1119710 Report a problem
        3/6/2020Listed for sale$690,000$114/sqft
        Source: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS #1119710 Report a problem
        2/1/2020Listing removed$690,000$114/sqft
        Source: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS #1116710 Report a problem
        8/2/2019Listed for sale$690,000$114/sqft
        Source: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS #1116710 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,548 +4.3%$377,580 +7.2%
        2024$3,401 $352,378 +10.8%
        2023-- $318,025 +3.7%
        2022-- $306,627 +0.8%
        2021-- $304,098 +272.7%
        2020-- $81,595 +26.3%
        2019-- $64,624 +11.2%
        2018-- $58,091 -6.8%
        2017-- $62,333 +19.1%
        2016-- $52,340
        2015-- $52,340 +2.4%
        2014-- $51,113 +275.5%
        2013-- $13,613
        2012-- $13,613
        2011-- $13,613 +9.4%
        2010-- $12,440
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 49930

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Hancock Public Schools

        Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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