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68

Days on homefello

1900

Year Built

N/A

Price Per Sqft

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Price vs Median

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Full Home Description

Well-located 5-unit close to downtown and services. Four units renovated (new electric, drywall, flooring); two new water-heater pumps; parking lot sealed/striped; roof ~5 years old. In-place rent ~$8,100/mo with a mix of renovated and durable finishes. City utilities. Large lot with on-site parking and green space. Attractive cash flow today with upside on future turns and light exterior enhancements.

Listed by Christopher Skrobeck · Van Treese Management LLC · (231) 373-7921

Comfort & Climate

  • Forced Air, Natural Gas

  • None

  • Natural Gas Available

Property Overview

  • Lot size: 3.4300 acres

  • Built in 1900

  • Multi-Family

  • Annual taxes: $12,200

Construction

  • Vinyl Siding

Community

  • Emmet County

Estimate Your Mortgage Payment
Offer Purchase Price

$

List Price Offer
Down Payment

$

%

No PMI
Loan Type
Loan Term
Zip Code
Interest Rate

%

Default area avg

Property Tax (%)
Home Insurance ($/yr)
HOA ($/mo)
Monthly Mortgage
$5,221
/mo

Principal & Interest:

$4,246

Taxes:

$875

Insurance:

$100

HOA Fees:

$0

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Loan Types You May Qualify For
FHA Loans
  • 3.5% down payment
  • Lower credit scores
VA Loans (Veterans)
  • $0 down payment
  • No PMI
  • Often lower rates
Conventional Loans
  • Good for great credit
  • May not require PMI
First-Time Buyer Programs
  • Low down payment
  • Reduced rates
Down Payment Assistance
  • Forgivable loans & grants
  • DPA programs

District: Petoskey Schools

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Reported Incidents (Last 5 Years)

From: 138 E Sheridan Street, Petoskey 49770

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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.