319 W Mitchell Street, Petoskey, MI 49770

$385,000
4
BD
4
BA
4,064
SqFt
List Price
$385,000
Status
ACTIVE
MLS#
470265
Bedrooms
4
Full-baths
2
Half-baths
2
Sq. Ft
4,064
Year Built
1900

Property Description

Residential duplex plus 3 commercial units fronting US 31/US 131 in the heart of Petoskey between downtown and McLaren Northern Michigan Hospital in the popular B-3 zoning corridor. The residential units are both 2 bedroom and 1 bath, have great ceiling heights, some water views, and are currently occupied. There is off street parking available and is an easy walk to downtown or the waterfront. This stretch of West Mitchell Street is the gateway through Petoskey and ownership of parcels in this location and with this zoning offer a lot of options for long-term success as an investment. Adjacent parcel is currently a residential duplex and is available separately for $295,000.

Additional Information

Waterfront
Neither
Water View
Yes
Construction
Wood Frame/Site Built
Roof
Asphalt Shingle
Features
Cable, Ceiling Fans, Range, Refrigerator
Garage Description
None
Garage Spaces
None
Master Bdrm Level
Main
Basement
Michigan, Partial
School District
Petoskey
Heating
Forced Air
Water
City
Sewer
City

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Michael "Mac" McCarthy from Gaslight Group Properties

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