425 & 431 Madison St

Fantastic opportunity to own a mixed-use income producing property in the city limits of Petoskey. The property consists of a commercial store front, and 4 residential rental units. The commercial space is currently occupied by the owner and is 2350 square feet. The space would be ideal for any contractor type business. The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage. The next unit is a newly remodeled 1-bedroom unit above a 2-car garage. The last unit is a free standing 4-bedroom home with new roof. All units are fully occupied with long term tenants that would like to continue renting. See listing agent for further details.

8
beds

4
baths

6,728 Sq.Ft. LIVING AREA

C.T. Shuman

title Broker | Owner
PHONE (231) 838-4200
EMAIL [email protected]
DRE # 6502433129

Features & Amenities

Interior

total bedrooms8
Total bathrooms4
APPLIANCES Dryer, Range, Refrigerator

Area & Lot

Status For Sale
Living Area6,728 Sq.Ft.
MLS® ID474697
TypeMulti-Family
School DistrictPetoskey

Exterior

Garage Space3.0
water SourcePublic
utilitiesCable Available
roofAsphalt, Metal
HEAT TYPENatural Gas
sewerPublic Sewer

Financial

Sales Price$599,900
Zoning RM-2

The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage.
– C.T. Shuman

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Thank you for your interest in 425 & 431 Madison St, Petoskey, MI 49770. We are reviewing your request and will be in touch shortly!

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425 & 431 Madison St

$599,900

C.T. Shuman

Features & Amenities

Interior

Area & Lot

Exterior

Financial

The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage.

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Let’s Find Your Dream Home

Follow Me on Instagram

Leave a Message

Thank you for your message. I will be in touch with you shortly.

425 & 431 Madison St

$599,900

C.T. Shuman

Features & Amenities

Interior

Area & Lot

Exterior

Financial

The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage.

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Let’s Find Your Dream Home

Follow Me on Instagram

Contact Details

C.T. Shuman

Submit a Message