MickPetersen
BEDS3
BATHS2 full
SQUARE FEET1,232
MLS#479355
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLPetoskey
Property Description
How do you find a house for under $200,000 in the City of Petoskey? This one is on a gorgeous lot overlooking the Bear River Valley and is currently set up as a duplex. Property needs some TLC, but there are examples of similar-sized rentals in this direct area at 2 times the current rents of $1300 total for both units. Downstairs is a 2-bedroom, 1-bath, and upstairs is a 1-bedroom, 1-bath. Tenants require 48 hours' notice for showings. Purchasing anything at this price in the city of Petoskey that is within walking distance to town, primary schools, and North Central Michigan College is an opportunity that does not happen anymore, so set yourself up for future success by living in one unit and earning revenue from the other, use it as workforce housing, or turn the house back into a single-family home on an deep lot with expansion possibilities.
Property Features
Property Type: Residential - Single Family
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Asphalt Shingle
Feature Descriptions
Days on Site: 13
Exterior: Two Story +
Lot Dimensions: 50'x150'
Sewer: City
Water: City
Local Schools
School District: Petoskey
Listed By / Shown By
Listed By
Agency Name: Gaslight Group Properties
Agency Phone: 231-347-7300
Shown By
Agent Name: Mick Petersen
Agent Phone: Cell: (419) 265-7233
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,147.65 per month $1,090.77 Principal & Interest $0.00 Property Tax (data not provided by mls) $56.88 Homeowner's InsuranceChange Payment Information
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1226 Emmet Street | MLS# 479355
This single family home located at 1226 Emmet Street, Petoskey, MI 49770 is currently listed for sale with an asking price of $195,000. This property has 3 bedrooms and 2 full baths with 1232 sq. ft. Emmet Street is located within the Petoskey school district. Search Petoskey real estate on mickpetersen.ikeyrealty.com today.