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
Agency Title: Key Realty
Agency Phone: 877-539-7589
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 InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
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.ikeyrealty.com today.