624 Michigan
624 Michigan Petoskey, Michigan 49770 United States

$2,500,000
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Introducing a unique investment opportunity in the heart of Petoskey, Michigan! This multi-unit property features three homes, conveniently located at 624 Michigan Avenue, 524 State Street, and 138 E. Sheridan Street. Each of these...
$2,500,000
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21
Bedrooms
16
Full Baths
Commercial
Property type
472781
Web Id
472781
MLS ID
Public Schools of Petoskey
School District
86
days ago

About 624 Michigan

Introducing a unique investment opportunity in the heart of Petoskey, Michigan! This multi-unit property features three homes, conveniently located at 624 Michigan Avenue, 524 State Street, and 138 E. Sheridan Street. Each of these well-maintained homes offers its own distinct charm and character, providing a variety of living options for potential residents. Currently, all units are occupied with month-to-month leases, making it an excellent opportunity for investors or those looking to start or expand their rental property portfolio. Situated in a desirable neighborhood, these homes are within close proximity to Petoskey's downtown area, offering easy access to shops, restaurants, and entertainment venues. Residents will also enjoy the convenience of nearby parks, schools, and other local amenities. The layout of each home is thoughtfully designed to maximize space and functionality. From cozy living areas to well-appointed kitchens and comfortable bedrooms, these units provide a comfortable and inviting atmosphere for tenants. The month-to-month lease agreements offer flexibility for future plans or the potential to renegotiate leases with longer terms. Investing in this multi-unit property offers not only the potential for a steady rental income stream but also the opportunity to take advantage of the strong demand for housing in the Petoskey area. Whether you're an experienced investor or a first-time buyer looking to enter the real estate market, this property presents a promising investment possibility. Please note that the sale of all three units is required as they are being offered as a package deal. Don't miss out on this exceptional chance to own a multi-unit property in Petoskey, Michigan. Contact us today to schedule a showing and explore the potential of this fantastic investment opportunity.

PROPERTY INFORMATION

Basement
Michigan
Sewer
City
Water
City
Waterfront
Neither

EXTERIOR

Roofing
Asphalt Shingle

ADDITIONAL INFORMATION

Number of Units
16
This Petoskey Commercial is for Sale at $2,500,000. Has and it's composed from 21 bedrooms, 16 full baths.

 

Listing Courtesy of Gaslight Group Properties
Listing Courtesy of Gaslight Group Properties
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