About 624 Michigan Street
Victorian-style 5-unit in the heart of Petoskey with excellent walkability. Extensive recent work: new roof/fascia, two-coat exterior paint, remodeled breezeways, upgraded electrical/plumbing in select units, full unit renovations with updated kitchens/baths, and a new laundry room build-out. In-place rent ~$7,500/mo with proven demand. City utilities. Appealing curb presence with bay windows and tasteful landscaping. Solid in-place operations with value in continued unit optimization and amenity enhancements.
Features of 624 Michigan Street
| MLS® # | 478382 |
|---|---|
| Price | $850,000 |
| Square Footage | 2,363 |
| Type | MULTI-FAMILY |
| Sub-Type | Multifamily |
| Status | Active |
Community Information
| Address | 624 Michigan 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 R-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Van Treese Management LLC |
|---|---|
| Contact Info | christopher@vantreesemanagement.com |