Listing Courtesy of: MIREALSOURCE / Van Treese Management LLC

524 State Street Petoskey, MI 49770-2769

Active (66 Days)

$850,000 ^(USD)

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Description

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.

MLS #:
70512985

Taxes
$15,500(2024)

Lot Size
6,970 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 1:32 AM GMT+0000

Bathroom Details

Property Features

Foundation: Basement

Heating and Cooling

Forced Air
None

Basement Information

Mi Basement

Location

Map View | Street View

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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