425 & 431 Madison St, Petoskey
Listing Details
Fantastic opportunity to own a mixed-use income producing property in the city limits of Petoskey. The property consists of a commercial store front, and 4 residential rental units. The commercial space is currently occupied by the owner and is 2350 square feet. The space would be ideal for any contractor type business. The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage. The next unit is a newly remodeled 1-bedroom unit above a 2-car garage. The last unit is a free standing 4-bedroom home with new roof. All units are fully occupied with long term tenants that would like to continue renting. See listing agent for further details.
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425 & 431 Madison St
Petoskey MI, 49770
$679,900
- Square Ft 6,728
- School District Petoskey
- County Emmet
- Water View No
- Waterfront No
- Type Multi-Family
- Subtype Other
- Zoning RM-2
- Water City
- roof Asphalt Shingles, Metal
- sewer City
- # of Units 5
- Gas Meters 3
- Water Heaters 3
- heat Natural Gas, Forced Air
- Features Cable, Dryer, Range, Refrigerator
- Construction Wood Frame
- Basement Full
- Listing Courtesy of Real Estate One
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