524 State Street, Petoskey
Listing Details
Classic, well-maintained 6-unit multifamily in a walkable Petoskey neighborhood near downtown, schools, and employment. Mix of renovated units with durable finishes; exterior paint, porch rebuild, foundation work, breezeway update, and other recent upgrades. In-place rent ~$8,150/mo with stable tenancy. City utilities. Clean common areas, covered front porch, and landscaped grounds. Strong rental history with opportunity to continue interior refresh program and capture market rent on renewals/turns.
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524 State Street
Petoskey MI, 49770
$850,000
- Square Ft 2,553
- School District Petoskey
- County Emmet
- Water View No
- Waterfront No
- Type Multi-Family
- Subtype Apartments
- Zoning COP R-2
- Year Build 1900
- Water City
- roof Asphalt Shingles
- sewer City
- # of Units 6
- heat Natural Gas
- Construction Wood Frame
- Basement Michigan
- Listing Courtesy of Van Treese Management LLC
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