Address
52175 M203 Highway, Hancock, MI
Price
$ 399,000
Property Attributes
- ID#50220117
- TypeSingle Family
- Listing Status Active
- CountyHOUGHTON
- CityHancock
- AreaHancock Twp
- Zip49930
- StyleTraditional
- Year Built1920
- Taxes$ 6133
- Price$ 399,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2020
- Lot Size0.27 Acres
Data Source:
MiRealSource (MIRS)
Property Description
PORTAGE LAKE! This two-unit waterfront property sits on approximately 332 feet of Portage Canal frontage. Each residential unit has 2 bedrooms, 1 full bathroom, and a private entrance. The waterfront-side unit features an eat-in kitchen, a living room with large windows overlooking the canal, a main-floor bedroom, a full bathroom, a second-floor private bedroom, and a walkout basement with convenient waterfront access. The second unit includes an eat-in kitchen, living room, and full bathroom on the main floor, with 2 bedrooms upstairs. Both units are tenant-occupied with signed leases and flexible terms for landlords; leases may be shared for a buyerâs review with a prequalification letter and/or proof of funds. Outside, the property offers approximately 332 feet of waterfront, 2 permanent docks, a rustic wood-fired sauna, and a sizable roadside storage shed for outdoor equipment and recreational gear. This is a special opportunity to own Portage Canal waterfront property with existing rental income potential until you are ready to occupy and enjoy it yourself. Since 2022, the seller has completed many updates, including some of the following: flooring, electrical, plumbing, appliances, kitchen fixtures, bathroom fixtures, exterior improvements, drywall, painting, and more. A list of updates is available upon request. Leases to transfer at closing. ------ NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the sellerâs. GIS, apps and plat book pages/maps are not surveys. Buyer pre-approval or proof of funds documentation to be provided upon request. ------OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.
| Price History | |
|---|---|
| 8/28/2026 | Listed $399,000 |
General Features
| Heating | Boiler |
|---|---|
| Kitchen Level | Main |
| Cooling | Ceiling Fan(s) |
| Possession | Subject To Tenant Rights |
| Zoning | https://hancocktwp.org/ordinances/ |
| Water | Private Well |
| Appliances | Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer |
| Status | Active |
| Full Baths | 2 |
| Bathrooms | 2 |
| Year Built | 1920 |
| Parking | Paved Driveway |
| Subdivision | . |
| Water Heater | Propane Hot Water |
| Style | Traditional |
| County | Houghton |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| New Construction Y/N | No |
| Associated Document Count | 7 |
| Electric | Circuit Breakers |
| Status | Active |
| Zoning | Other |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Utilities | Cable Available,Electricity Connected |
| Manufactured Y/N | No |
| Structure Style | 1 1/2 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| Area | Hancock Twp (31012) |
| Primary City | Hancock |
| Directions | From M26/Sharon,follow M26 to Hancock,L off Bridge onto Front St,R on Reservation,L on Quincy,Follow Quincy/M203 past Gino's Restaurant,approx 4.7+/- miles to property on L |
| City | Hancock |
| School District | Hancock Public Schools |
| VIEW | Canal View |
| Lease Y/N | No |
| Originating MLS | Upper Peninsula Assoc of Realtor |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional |
| Legal Description | Parcel 1 and 2 being a part of Government Lot 5,Section 9,T55N,R34W,Hancock Township,See survey for full legal description. Both parcel IDS: 007-009-056-00 and 007-009-057-00 |
| DOM | 27 |
| Postal Code | 49930 |
| Price Per Sq Ft Total AG | 197.52 |
| Public Remarks | PORTAGE LAKE! This two-unit waterfront property sits on approximately 332 feet of Portage Canal frontage. Each residential unit has 2 bedrooms,1 full bathroom |
Interior Features
| Interior Amenities | None (InteriorFeatures) |
|---|---|
| Family Room Level | Upper |
| Living Room Level | Main |
| Basement | Block,Full,Outside Entrance,Interior Access,Unfinished |
| Bedroom 3 Level | Upper |
| Bedroom 1 Level | Main |
| Bedroom 2 Level | Upper |
| Kitchen Length | 10 |
| Family Room Length | 11 |
| Family Room Width | 17 |
| Living Room Length | 12 |
| Bedroom 4 Width | 7 |
| Bedroom 2 Width | 12 |
| Bedroom 3 Width | 11 |
| Bedroom 4 Length | 9 |
| Bedroom 2 Length | 10 |
| Living Room Width | 18 |
| Bedroom 3 Length | 6 |
| Kitchen Width | 18 |
| Beds | 4 |
| Fireplace? | No |
| Total Rooms | 8 |
| Bedroom 1 Length | 12 |
| Bedroom 1 Width | 11 |
| Below Grade SqFt | 1304 |
| Above Grade SqFt | 2020 |
| Basement Y/N | Yes |
| Breakfast Nook Length | 17 |
| Breakfast Nook Level | Upper |
| Breakfast Nook Width | 9 |
| Bedroom 2 Floor Covering | Carpet |
| Bedroom 3 Floor Covering | Carpet |
| Bedroom 4 Floor Covering | Wood |
| Kitchen Floor Covering | Vinyl |
| Total SqFt Finished | 2020 |
| Bathroom 1 Length | 4 |
| Bathroom 1 Width | 9 |
| Bathroom 2 Length | 5 |
| Bathroom 2 Width | 5 |
Exterior Features
| Exterior | Wood,Asphalt |
|---|---|
| Exterior Amenities | Deck |
| Frontage | 332 |
| Body of Water | Portage |
| Lot Size Area | 0.27 |
| Pool (Y/N) | No |
| Lot Dimensions | 332x34x332x50+/- See Surv |
| OUT BUILDINGS | Shed,Sauna |
| Water Features | Canal Frontage,Lake Frontage,Water View,Waterfront,Interior Lake |
| Roads | City/County,Paved Street,Year Round |
| FOUNDATION TYPE | Partial Basement |
| SEWER/SEPTIC | Septic |
| Waterfront Y/N | Yes |
| Garage Y/N | No |
| Frontage Type | Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49930
Price
Taxes
Year Built
Visits
IDX provided courtesy of Realcomp II Ltd., via REMAX Eclipse and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
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