$850,000
0.16 Acre Lot

524 State Street, Petoskey, Michigan 49770

  • Multi Family Property Type
  • 1900 Year Built
Property 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.

Basic Details
Multi Family
For Sale
26003300
$850,000
1900
0.16 Acre
Active
5+ Units
: Composition
Features
: Forced Air
: None
: Michigan Basement
: None
: Public Sewer
: Natural Gas Available, Natural Gas Connected, Cable Connected, Electricity Available, Electricity Connected
Address Map
MI
Emmet
Petoskey
49770
State
524
Street
W85° 2' 53.5''
N45° 22' 17.6''
Neighborhood
Petoskey
Additional information
Van Treese Management LLC
Christopher Skrobeck
Additional Information
: Other, Wood Siding
50x145
6
2026-01-28
Financial
15500.0
Listing Information
e431765
oe419798
FHA,Cash,Conventional
Active
2026-03-24T22:43:03Z
MICHRIC
2026-01-28T19:34:24Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent