Property Details

901 Emmet Street, Petoskey

Listing Details

Opportunity! Opportunity! Opportunity! Beautiful home in Downtown Petoskey awaiting new owners. Currently utilized as two apartments, this 4 bedroom 2 1/2 bathroom home offers ample opportunity. The main floor features 3 bedrooms 1 1/2 bathrooms, tall ceilings, custom woodwork, hardwood floors, crown molding, wainscoting, recessed lighting, walk in closets, built in cabinetry, ample storage and much more. The upstairs unit offers a private entry, large living room, kitchen and bathroom. Zoned Cop-B2B, this investment property exhibits the rare freedom to utilize as a short term rental such as Airbnb in Downtown Petoskey, a multi-unit rental, single family home or convert to a commercial property. Zoning such as this is very limited within the City limits. Invest now and earn income through out the winter while planning the future Airbnb rentals. Live in one unit and rent the other. Own a summer getaway while earning rental income. Convert to a commercial property while living upstairs. You dream it and this zoning could provide it. Both units will be sold furnished for a turn-key rental opportunity with current tenants leased through June 15, 2021. Don't miss out on this gem!! Zoning like this doesn't come to market very often!!

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901 Emmet Street
Petoskey MI, 49770

$279,000

  • Bedrooms 4
  • Bathrooms 2.5 (2/ 1H)
  • Square Ft 1,973
  • Acres 0.11
  • School District Petoskey
  • County Emmet
  • Water View Yes
  • Waterfront No
  • Type Residential
  • Zoning COP-B2B
  • Garage None
  • Water City
  • roof Asphalt Shingle
  • water heater Natural Gas, 40 Gal
  • sewer City
  • heat Natural Gas, Forced Air
  • Features Built In Microwave, Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Patio, Range, Refrigerator, Washer, Wood Floors
  • Construction Wood Frame/ Site Built, Two Story +
  • Basement Block
  • Listing Courtesy of Gaslight Group Properties

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