315 & 319 W Mitchell Street, Petoskey, MI

$650,000

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5,194

Sqft

About 315 & 319 W Mitchell Street

2 great multi-unit income producing properties located in the heart of Petoskey. 4 residential units. 3 residential units are 2 bedrooms and 1 bathroom and the other is 1 bedroom 1 bath. 3 commercial spaces fronting US 31 provide great public business exposure. All units have great bones and are located just 3 blocks from the hospital, 4 blocks from downtown shopping and restaurants, 3 blocks from the famed Little Traverse Wheelway bike path, 3 blocks from waterfront parks and 3 blocks from the Bear River recreational park trails. Zoned B-3 which allows for 2nd floor residential units to be short term vacation rentals adding income potential.

Features of 315 & 319 W Mitchell Street

MLS® # 473999
Price $650,000
Square Footage 5,194
Acres 0.00
Year Built 1900
Type Multi-Family
Sub-Type Multifamily
Status Active

Community Information

Address 315 & 319 W Mitchell Street
City Petoskey
County Emmet
State MI
Zip Code 49770

Amenities

Features Cable, Range, Refrigerator
# of Garages 0.0
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Partial, Full

Exterior

Lot Description 125x98
Windows Wood Sash
Roof Asphalt Shingles
Construction Wood Frame

School Information

District Petoskey

Additional Information

Zoning B-3
Foreclosure No
Short Sale No

Listing Details

OfficeReal Estate One

Listing Map

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