About 138 E Sheridan Street
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.
Features of 138 E Sheridan Street
| MLS® # | 478380 |
|---|---|
| Price | $875,000 |
| Square Footage | 3,600 |
| Acres | 0.31 |
| Type | MULTI-FAMILY |
| Sub-Type | Multifamily |
| Status | Active |
Community Information
| Address | 138 E Sheridan Street |
|---|---|
| City | Petoskey |
| County | Emmet |
| State | MI |
| Zip Code | 49770 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Michigan |
Exterior
| Roof | Asphalt Shingles |
|---|---|
| Construction | Wood Frame |
School Information
| District | Petoskey |
|---|
Additional Information
| Zoning | COP I-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Van Treese Management LLC |
|---|---|
| Contact Info | christopher@vantreesemanagement.com |