513 Monroe St, Petoskey, MI 49770

Great opportunity for first time home ownership with this cute ranch home that also features the rare intown walkout basement leading to a beautiful south facing back yard that is ideal for pets, a garden, or for kids/adults to frolic. Currently set up with one bedroom as the second main floor bedroom was recently converted to a bathroom with a giant walk-in shower and lots of space to work with. The previous room that was a bath is open and ready for the next owner's idea whether that be an office, mudroom, or whatever you can dream up. Downstairs has a separate entrance in the rear and adds another 200 square feet of livings space plus a half bath with room to add a new shower. The next occupant could make this lower level an income producing flat or an additional bedroom/hobby room. The mechanicals (including central air) were new 2018 and are of the highest efficiency, the roof was redone in 2006, and some of the plumbing and electrical has been recently updated and are ready for the next owner's modifications. Inside you will find beautiful hardwood floors and a ton of character with cove ceilings, a cool mid-century fireplace, built ins, and a great open concept floor plan... this home lives larger than its stature with two floors to spread out and lots of storage space in the lower level, as well as the detached one car garage. A great condominium alternative (except no dues or common wall neighbors) in a quiet neighborhood across the street from McLaren Northern Michigan Hospital and a short walk to beautiful downtown Petoskey, Lake Michigan, and the Little Traverse Bay Wheelway. Houses in this price range infrequently hit the market in the City of Petoskey so call Mac today for your private tour.