138 E Sheridan Street, Petoskey
Listing Details
Well-located 5-unit close to downtown and services. Four units renovated (new electric, drywall, flooring); two new water-heater pumps; parking lot sealed/striped; roof ~5 years old. In-place rent ~$8,100/mo with a mix of renovated and durable finishes. City utilities. Large lot with on-site parking and green space. Attractive cash flow today with upside on future turns and light exterior enhancements.
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138 E Sheridan Street
Petoskey MI, 49770
$875,000
- Square Ft 3,600
- Acres 0.31
- School District Petoskey
- County Emmet
- Water View No
- Waterfront No
- Type Multi-Family
- Subtype Apartments
- Zoning COP I-1
- Water City
- roof Asphalt Shingles
- sewer City
- # of Units 5
- heat Forced Air
- Construction Wood Frame
- Basement Michigan
- Listing Courtesy of Van Treese Management LLC
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