54 Fulton St, Petoskey, MI 49770

OPEN HOUSE Saturday, March 15, 10 AM to Noon. UPDATE: Please contact us before completing an application. Send a message through the "Request a Tour" or "Ask a Question" links. Applications will be accepted through March 17. Renter/purchaser will be selected after March 17. Lease-Purchase Home Available in Petoskey! Looking for a path to homeownership? A brand-new 3-bedroom, 2-bathroom home at 54 Fulton Street, Petoskey is available for lease-purchase! Monthly Rent: $1,400 Lease Term: 1 to 3 years, with the goal of purchasing the home Full-Time Residence Required Income Eligibility: Household income at move-in must be below 80% of the Area Median Income (AMI) based on household size. (For example, a 3-person household can earn up to $64,800.) Financial Readiness: Renters must have sufficient income to afford rent, utilities, and qualify for the eventual home purchase. The home will be purchased as part of Northern Homes CDC's Community Land Trust Program. Walkable to downtown Petoskey, across the street from Bear River Valley Recreation Area. This opportunity is offered by Northern Homes CDC, an Equal Housing Opportunity organization. This is a lease purchase opportunity. Owner will pay water and sewer fees. Renter pays all other utilities. Looking for a renter who is ready, or almost ready, to buy a home. Contact us for more information.