624 Michigan Street Petoskey, MI 49770-4610

Active (67 Days)

$850,000 ^(USD)

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Description

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.

MLS #:
70512948

Taxes
$10,400(2024)

Lot Size
7,405 SQFT

Type
Single-Family Home

Year Built
1900

School District
Petoskey Schools

County
Emmet County

Listed By

Christopher Skrobeck, Van Treese Management LLC

Source
MIREALSOURCE
Last checked Apr 4 2026 at 3:02 AM GMT+0000

Bathroom Details

Interior Features

Laundry: Common Area

Lot Information

Sidewalks

Property Features

Foundation: Basement

Heating and Cooling

Forced Air
Wall Furnace
None

Basement Information

Mi Basement

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38

Coldwell Banker^® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Schmidt Real Estate, LLC fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC or any of its affiliated companies. All information, including concessions for agent commissions, are presented as an invitation to submit an offer only, and must be included in the purchase agreement.