Located in the heart of Petoskey, this versatile in-town home offers an exceptional location directly across the street from McLaren Northern Michigan Hospital and just a short distance from downtown Petoskey's shopping, restaurants, and the scenic Bear River Walkway. Currently utilized as a two-unit rental, the property provides numerous possibilities?continue its income-producing use, or easily convert it back to a single-family residence with the added bonus of separate living quarters above the garage. The home has seen many recent improvements, including a new roof on the main house approximately five years ago, brand-new windows throughout the main house, and a newly rebuilt front porch that adds to its curb appeal. Above the garage, a newly renovated one-bedroom, one-bath apartment offers excellent flexibility, whether used as a rental for additional income or as comfortable guest accommodations. With its prime location, recent updates, and flexible layout, this property presents a rare opportunity to own a home that can adapt to a variety of living or investment needs in one of Petoskey's most convenient neighborhoods.
Listed By
Agency Name: Real Estate One
Agency Phone: 231-347-6200
Shown By
Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty
Estimated Payment
$ 2,353.56 per month $2,236.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.64 Homeowner's Insurance
431 Madison St | MLS# 478568
This single family home located at 431 Madison St, Petoskey, MI 49770 is currently listed for sale with an asking price of $399,900. This property was built in 1950 and has 5 bedrooms and 2 full baths with 2461 sq. ft. Madison St is located within the Petoskey school district. Search Petoskey real estate on www.teamchildersrealty.com today.