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624 Michigan Street, 
Petoskey, MI 49770

$850,000


Bed


Bath


2,363

Sq Ft


Multi-Family

Active

Listed by

Christopher Skrobeck

Jazmin Harris

Van Treese Management LLC.

231-347-3943

Last updated:

December 19, 2025, 04:14 PM

MLS#

478382

Source:

MI NMMLS

About This Home

624 Michigan Street

Victorian-style 5-unit in the heart of Petoskey with excellent walkability. Extensive recent work: new roof/fascia, two-coat exterior paint, remodeled breezeways, upgraded electrical/plumbing in select units, full unit renovations with updated kitchens/baths, and a new laundry room build-out. In-place rent ~$7,500/mo with proven demand. City utilities. Appealing curb presence with bay windows and tasteful landscaping. Solid in-place operations with value in continued unit optimization and amenity enhancements.

Home Facts

Multi-Family

Price Summary

850,000

$359 per Sq. Ft.

MLS #:

478382

Last Updated:

December 19, 2025, 04:14 PM


Rooms & Interior

Interior

Living Area:

2,363 Sq. Ft.


Structure

Structure

Building Area:

2,363 Sq. Ft.


Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$359 per Sq. Ft.

Source:MI NMMLS
The information being provided by Northern Michigan Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Northern Michigan Mls All rights reserved.

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