138 E Sheridan Street Petoskey, MI 49770-2962
Listing Courtesy of: MIREALSOURCE / Van Treese Management LLC

  138 E Sheridan Street Petoskey, MI 49770-2962

Active (66 Days)
$875,000 (USD)
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Description

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.

MLS #:
70512990
Taxes
$12,200(2024)
Lot Size
3.43 acres
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 1:32 AM GMT+0000
Bathroom Details
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Mi Basement
Location
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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

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