Listing Details

Investment opportunity in the heart of Petoskey! This well-located duplex offers an exceptional opportunity to own an income-producing property in one of Northern Michigan's strongest rental markets. Conveniently positioned between downtown Petoskey, the waterfront, McLaren Northern Michigan Hospital, and the Bear River Valley Recreation Area, the location provides lasting appeal for both tenants and investors. The property features two separate units, including a spacious three-bedroom main-level apartment and a remodeled one-bedroom upper unit, creating multiple rental options and flexibility for future ownership. A one-car garage and additional off-street parking add convenience for residents. With Northern Michigan's continued demand for quality housing, this duplex is well-positioned for long-term rental success. Investors may choose to lease both units traditionally, while the proximity to McLaren Northern Michigan Hospital also presents an attractive opportunity for furnished mid-term housing geared toward traveling healthcare professionals and other temporary workforce housing needs. Whether you're adding to your portfolio or purchasing your first multi-family investment, 513 Liberty Street offers location, flexibility, and strong income potential in one of Petoskey's most sought-after neighborhoods.