Jamie MyersBig Rapids Realty, REALTOR®

231-349-7462

138 E Sheridan Street, Petoskey, MI 49770

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$875,000
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  • 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 3.43
  • Heat Type Forced Air
  • Central Air None
  • Year Built 1900
  • Style  
  • Exterior  
  • Taxes  
  • SEV 150000
  • Zoning  
  • Parcel 52-19-06-477-001
  • Lot Size 153x82.5

Features

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.

Listing Courtesy of Christopher Skrobeck - Van Treese Management LLC

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