624 Michigan Street, Petoskey, MI 49770

Local realty services provided by:ERA Reardon Realty
624 Michigan Street,Petoskey, MI 49770
$850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher skrobeck
Office: van treese management llc.
MLS#:26003263
Source:MI_GRAR

Price summary

  • Price:$850,000

About this home

Victorian-style 5-unit in the heart of Petoskey with excellent walkability. Extensive recent work: new roof/fascia, two-coat exterior paint, remodeled breezeways, upgraded electrical/plumbing in select units, full unit renovations with updated kitchens/baths, and a new laundry room build-out. In-place rent ~$7,500/mo with proven demand. City utilities. Appealing curb presence with bay windows and tasteful landscaping. Solid in-place operations with value in continued unit optimization and amenity enhancements.

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Home facts

  • Year built:1900
  • Listing ID #:26003263
  • Added:19 day(s) ago
  • Updated:February 17, 2026 at 04:03 PM

Heating and cooling

  • Heating:Forced Air, Wall Furnace

Structure and exterior

  • Year built:1900
  • Lot area:0.17 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Tax amount:$10,400 (2024)