This 8 Unit Mulit-Family property is a one of a kind find in downtown Petoksey. The property is within walking distance to the Bear River Walk, Waterfront park, McLaren Northern Michigan Hospital, and the Little Traverse Wheelway. Your tenants can enjoy all the walking or biking enjoyment that downtown Petoskey has to offer. This property would be a great addition to an investment portfolio and is zoned RM-2, which allows for long term rentals, no short term rentals allowed. Units 1-2 are in great shape, units 3-8 need updates. Furnace where replace in 2019 and the driveway was paved recental. Land contract terms are available.
Sold for $400,000 on 06/21/23
$400,000
317 Jackson St, Petoskey, MI 49770
6beds
5baths
3,902sqft
Multi Family
Built in 1908
-- sqft lot
$566,300 Zestimate®
$103/sqft
$1,847 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 21, 2023 at 06:17am
Listed by:
Christina Roberts Cell:231-675-3179,
Keller Williams Northern Michigan 231-947-8200
Bought with:
Non Member Office
NON-MLS MEMBER OFFICE
Source: NGLRMLS,MLS#: 1910997
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range
Features
- Storage
- Flooring: Hardwood
- Basement: Full,Michigan Basement,Crawl Space,Interior Entry,Exterior Entry,Unfinished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 3,902
- Total interior livable area: 3,902 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Has spa: Yes
- Waterfront features: None
Lot
- Size: 0.29 Acres
- Dimensions: 72' x 130' x 137' x 50' x 65' x 7
Details
- Additional structures: None
- Parcel number: 521906200053
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Petoskey
- Subdivision: NA
HOA & financial
Other financial information
- Total actual rent: 3440
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,Land Contract/PMM
- Ownership type: Private Owner