901 Emmet Street, Petoskey

$275,000

4 Beds
3 Baths
1,973 Sqft
.11 Acres
0 Garages

Opportunity! Opportunity! Opportunity! Beautiful home in Downtown Petoskey awaiting new owners. Currently utilized as two apartments, this 4 bedroom 2 1/2 bathroom home offers ample opportunity. The main floor features 3 bedrooms 1 1/2 bathrooms, tall ceilings, custom woodwork, hardwood floors, crown molding, wainscoting, recessed lighting, walk in closets, built in cabinetry, ample storage and much more. The upstairs unit offers a private entry, large living room, kitchen and bathroom. Zoned Cop-B2B, this investment property exhibits the rare freedom to utilize as a short term rental such as Airbnb in Downtown Petoskey, a multi-unit rental, single family home or convert to a commercial property. Zoning such as this is very limited within the City limits. Invest now and earn income through out the winter while planning the future Airbnb rentals. Live in one unit and rent the other. Own a summer getaway while earning rental income. Convert to a commercial property while living upstairs. You dream it and this zoning could provide it. Both units will be sold furnished for a turn-key rental opportunity with current tenants leased through June 15, 2021. Don't miss out on this gem!! Zoning like this doesn't come to market very often!!

Essential Information
MLS® #462420
Price$275,000
Bedrooms4
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,973
Acres0.11
TypeResidential
Sub-TypeResidential
Community Information
Address901 Emmet Street
CityPetoskey
CountyEmmet
StateMI
Zip Code49770
Amenities
ParkingNone
# of Garages0.0
GaragesNone
Features

Patio, Range, Refrigerator, Washer, Wood Floors, Built In Microwave, Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal

Interior
HeatingNatural Gas, Forced Air
Has BasementYes
BasementBlock
Exterior
Lot Description60x77.5
WindowsInsulated, Vinyl, Low E
RoofAsphalt Shingle
Construction

Two Story +, Wood Frame/Site Built

School Information
DistrictPetoskey
Additional Information
ZoningCOP-B2B
Listing Details
This (property or listing) is courtesy of Gaslight Group Properties
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