Julia HunteyBig Rapids Realty, Canadian Lakes Team, REALTOR®

313-720-5957

524 State Street, Petoskey, MI 49770

Show Map
$850,000
Mortgage Calculator
  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Petoskey
  • County Emmet
  • Township Petoskey City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Michigan Basement
  • Garage  
  • Acreage 0.16
  • Heat Type Forced Air
  • Central Air None
  • Year Built 1900
  • Style  
  • Exterior  
  • Taxes  
  • SEV 146300
  • Zoning  
  • Parcel 52-19-05-100-090
  • Lot Size 50x145

Features

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.

Listing Courtesy of Christopher Skrobeck - Van Treese Management LLC

The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2026 MichRIC, LLC. All rights reserved.
All information provided is deemed reliable but is not guaranteed and should be independently verified.