621 Emmet Street, Petoskey, Michigan

$395,000

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3,153

Square feet

About 621 Emmet Street

Fantastic opportunity to purchase a 3-unit income producing property just a few short blocks to downtown Petoskey! The property is within walking distance to the Bear River Walk, Waterfront Park Little Traverse Wheelway and downtown restaurants and shopping. The property is currently set up with 2 rental units on the main floor and one upstairs. There are many possibilities with this property, continue renting as is, live in one unit and rent the other 2 out to offset costs or the property could be turned back into a single-family home. Property is zoned RM-2 which allows for long term rentals, but no short-term rentals allowed.

Features of 621 Emmet Street

MLS® # 472594
Price $395,000
Square Footage 3,153
Acres 0.00
Type MULTI-FAMILY
Sub-Type Multifamily
Status Active
Water Front/Water Access Neither

Community Information

Address 621 Emmet Street
City Petoskey
County Emmet
State Michigan
Zip Code 49770

Amenities

Features Cable, Dishwasher, Range, Refrigerator, Wood Fireplace, Wood Floors
Parking 1
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Hot Water Baseboard
Has Basement Yes
Basement Partial
Fireplace Yes

Exterior

Windows Wood Sash
Roof Asphalt Shingles, Metal
Construction Wood Frame

School Information

District Petoskey

Additional Information

Zoning RM-2
Foreclosure No
Short Sale No

Listing Details

AgentClinton Shuman
OfficeReal Estate One

Listing Map

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