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624 Michigan Street
Petoskey, MI 49770

$850,000 - Status: Active
MLS# 26003263

Victorian-style 5-unit in the heart of Petoskey with excellent walkability. Extensive recent work: new roof/fascia, two-coat exterior paint, remodeled breezeways, upgraded electrical/plumbing in select units, full unit renovations with updated kitchens/baths, and a new laundry room build-out. In-place rent ~$7,500/mo with proven demand. City utilities. Appealing curb presence with bay windows and tasteful landscaping. Solid in-place operations with value in continued unit optimization and amenity enhancements.

Property Features

MLS#: 26003263
Zip: 49770
Subdivision:
Development: Petoskey City
Property Type: Multi Unit - Multiple
Number of Units: 5
Basement: Michigan Basement
Cooling: None
Days on Site: 97
Heating: Forced Air, Wall Furnace
Lot Size: 0.17 acres
Roof Type: Composition
Taxes: $10,400
Year Built: 1900

Feature Descriptions

Exterior: Wood Siding
Laundry: Common Area, Laundry Closet, Lower Level
Lot Description: Sidewalk
Lot Dimensions: 50x145
Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
Parcel Number: 52-19-05-179-001
Parking Total: 0
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: None
Units: 5
Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Local Schools

School District: Petoskey

624 Michigan Street | MLS# 26003263

This multi-family property located at 624 Michigan Street, Petoskey, MI 49770 is currently listed for sale with an asking price of $850,000. Michigan Street is located within the Petoskey school district. Search Petoskey real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Van Treese Management LLC
Agency Phone: 231-373-7921
Agent Name: Christopher Skrobeck

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/05/2026.

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