524 State Street, Petoskey, MI 49770
Local realty services provided by:CENTURY 21 Northland
524 State Street,Petoskey, MI 49770
$850,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher skrobeck
Office: van treese management llc.
MLS#:26003300
Source:MI_GRAR
Price summary
- Price:$850,000
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:26003300
- Added:1 day(s) ago
- Updated:January 29, 2026 at 02:46 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Lot area:0.16 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Tax amount:$15,500 (2024)
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