Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
2 Baths
2,020 sqft

$399,000

52175 M203 Highway, Hancock MI, 49930

Price per sqft$197.52
Built in1920
Property size2,020 sqft
Property typeResidential

Overview

Active

Listed Aug 28, 2026

Updated 12 days ago

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 buyer’s 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 seller’s. 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.

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
50220117

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$6,133
Tax Frequency
Annually
View
Yes
Municipality
Hancock Twp
Waterfront
Yes
MLS provider logo

Listed by EMMETT LARSON with CENTURY 21 AFFILIATED
Listing Contact: 906-370-9857 

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 MiRealSource all rights reserved.

Data last updated on 10/12/2026 at 10:40 PM UTC

Powered by Luxury Presence