431 Madison St, Petoskey, MI 49770

$399,900
  • 431 Madison St, Petoskey, MI 49770 Main Photo

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Active
BEDS5 BATHS2 full SQUARE FEET2,461 MLS#478568
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLPetoskey

Property Description

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.

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.

Property Features

Property Type: Residential - Single Family
Garage: 2
Heating: Natural Gas, Forced Air
Lot Size: 0.17 Acres
Roof Type: Asphalt Shingle
Year Built: 1950

Feature Descriptions

Days on Site: 45
Exterior: Wood Frame/Site Built
Lot Dimensions: 50X150
Sewer: City
Water: City

Local Schools

School District: Petoskey

Listed By / Shown By

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

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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

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