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.
For sale
$850,000
524 State St, Petoskey, MI 49770
2beds
4baths
2,553sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$322,600 Zestimate®
$333/sqft
$-- HOA
What's special
Landscaped groundsBreezeway updateClean common areasPorch rebuildCovered front porchExterior paintFoundation work
- 1 day |
- 333 |
- 7 |
Likely to sell faster than
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