$309,000524 State St

524 State St, Petoskey, MI, 49770

$309,000

Est. Monthly Price:

2,533 SqFt
$122/SqFt
House
Schools Nearby

Trend Report

Listing Prices For All Homes in Petoskey

This Home$309K
$750$7.2M

The Median List Price for All Homes in Petoskey is $331.7K

Based on homes listed in the last 12 months

See Full Trend Report

Facts and Features

Home TypeOther
Year Built1900
HeatingNatural Gas, Forced Air
BasementYes
MLS #465569
StatusActive

Description

A six plex this close to downtown Petoskey is extremely rare and this one is an easy "no hills" walk to downtown. Currently 100% rented and all leases are month to month. Property has been a great rental owned by the same family for many years and is ready for a new investor. Property requires TLC but currently has a substantial gross income and low carry cost. Financials available upon request. Great location 2 blocks from the remarkable restaurants and shops of Petoskey's Gaslight District.

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Interior: Cable

Exterior Features

  • Exterior: Deck

Utilities

  • Heating: Natural Gas, Forced Air

Other

  • MLS Number: 465569
  • Directions: From the corner of Mitchell and Howard Streets in Downtown Petoskey travel East on Mitchell Street two blocks to Woodland turn right travel two blocks to State Street house on the corner of State and Woodland.
  • Listing Office: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

IDX The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2021 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 10/5/2021, 1:25:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

What's it like to live at 524 State St, Petoskey, MI, 49770?

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest.

Elementary

7

Central Elementary School Central Elementary School url

410 State St0.16 mi

Public Magnet PK-5

7

Ottawa Elementary School Ottawa Elementary School url

871 Kalamazoo Ave0.50 mi

Public Magnet KG-5

7

Sheridan School Sheridan School url

1415 Howard St0.67 mi

Public Magnet KG-5

Middle

9

Petoskey Middle School Petoskey Middle School url

801 Northmen Dr0.96 mi

Public Magnet 6-8

6

Harbor Springs Middle School Harbor Springs Middle School url

800 S State Rd4.81 mi

Public District 6-8

5

Boyne City Middle School Boyne City Middle School url

1025 Boyne Ave11.56 mi

Public District 5-8

High

8

Petoskey High School Petoskey High School url

1500 Hill St0.75 mi

Public Magnet 9-12

4

Concord Academy-Petoskey Concord Academy-Petoskey url

2468 Atkins Rd1.79 mi

Public Charter KG-12

8

Harbor Springs High School Harbor Springs High School url

327 E Bluff Dr4.47 mi

Public District 9-12

All data from Great Schools

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

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Rocket HomesMichiganEmmet CountyPetoskey49770524 State St

This home is located at 524 State St in Petoskey, MI and zip code 49770. This 2,533 square foot home was built in 1900. It has been listed on Rocket Homes since June 27, 2021 and is currently priced at $309,000. The neighbors living near this home have an average income of $50,772.

The number of homes for sale in Petoskey, MI decreased by 8.7% between August 2021 and September 2021. In September 2021 median list price was $331,750 and the average listing age was 64 days. The majority of Petoskey, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

Info IconFrom Rocket Homes Real Estate and based on county public records data.