MI > Emmet > Petoskey > 425 & 431 Madison St

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425 & 431 Madison St Map / directions

Petoskey, MI Learn More About Petoskey

49770 Market info

$649,900

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  • 5 Units
  • 6,728 SqFt
  • MLS# 474697
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Portrait of C.T. Shuman
Listed by C.T. Shuman

231-838-4200

Petoskey

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.
Fantastic opportunity to own a mixed-use income producing property in the city limits of Petoskey. The property consists of a commercial store front, and 4 residential rental units. The commercial space is currently occupied by the owner and is 2350 square feet. The space would be ideal for any contractor type business. The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage. The next unit is a newly remodeled 1-bedroom unit above a 2-car garage. The last unit is a free standing 4-bedroom home with new roof. All units are fully occupied with long term tenants that would like to continue renting. See listing agent for further details.

Property Information

Status
Active 
Address
425 & 431 Madison St 
City
Petoskey 
Zip
49770 
Style
Other 
Possession
Negotiable 
Waterfront Desc
Neither 
List Price
$649,900
County
Emmet 
Above Grade SqFt
6,728 
Total No of Units
5 

School Information

School District
Petoskey 

Rooms and Land

Unit1
Bedrooms: Bathrooms: 1/2 Finished SqFt: 2,350
Unit2
Bedrooms: 3 Bathrooms: 1 Finished SqFt: 1,625
Unit3
Bedrooms: S Bathrooms: 1 Finished SqFt: 292
Unit4
Bedrooms: 1 Bathrooms: 1 Finished SqFt: 720
Unit5
Bedrooms: 4 Bathrooms: 1 Finished SqFt: 1,741

Features

Style
Other 
Basement
Full 
Features
Cable, Dryer, Range, Refrigerator
Heating
Forced Air, Natural Gas 

Frequently Asked Questions

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Real Estate One offers cooperative broker compensation governed by the NAR Code of Ethics. Selling Agents should confirm the compensation offering at or prior to an offer submission.

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3.0%

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
474697 Oct 23 2024 10:45AM $649,900 $679,900 250
474697 Active Aug 22 2024 11:45AM $679,900 250
School Information
Local Business

Learn More About This Listing

Portrait of C.T. Shuman
Listed by C.T. Shuman

231-838-4200

Petoskey

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Real Estate One
Office Address 1349 U.S. 131 Highway

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Our Michigan real estate agents can answer all of your questions about 425 & 431 Madison St, Petoskey MI 49770. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Petoskey, Michigan real estate market. To sell or buy a home in Petoskey, Michigan, contact our real estate agents as we know the Petoskey, Michigan real estate market better than anyone with over 100 years of experience in Petoskey, Michigan real estate for sale.

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425 & 431 Madison St Petoskey
Contact us
$649,900
For Sale • No. of Units: 5