431 Madison St, Petoskey, MI, 49770
431 Madison St, Petoskey, MI, 49770Basics
- Date added: Added 8 months ago
- Category: For sale
- Type: Residential
- Status: Active
- Bedrooms: 5
- Bathrooms: 2
- Half baths: 0
- Area: 2461 sq ft
- Listing Office 1: 55
- Office Name: Real Estate One
- MLS ID: 478568
Description
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Description:
Located in the heart of Petoskey, this versatile in-town home offers an exceptional location directly across the street from McLaren Northern Michigan Hospital and just a short distance from downtown Petoskeyâs shopping, restaurants, and the scenic Bear River Walkway. Currently utilized as a two-unit rental, the property provides numerous possibilitiesâcontinue its income-producing use, or easily convert it back to a single-family residence with the added bonus of separate living quarters above the garage. The home has seen many recent improvements, including a new roof on the main house approximately five years ago, brand-new windows throughout the main house, and a newly rebuilt front porch that adds to its curb appeal. Above the garage, a newly renovated one-bedroom, one-bath apartment offers excellent flexibility, whether used as a rental for additional income or as comfortable guest accommodations. With its prime location, recent updates, and flexible layout, this property presents a rare opportunity to own a home that can adapt to a variety of living or investment needs in one of Petoskeyâs most convenient neighborhoods.
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Location
Building Details
- Total Rooms: 8
- Condo Y/N: No
- Section: 6
- Kitchen Dimensions: 11.4X13.10
- Roof: Asphalt Shingle
- Windows: Insulated,Vinyl,Andersen
- Heat: Natural Gas,Forced Air
- Sewer: City
- Basement: Michigan
- School District: Petoskey
- Water: City
- Water Front/Water Access?: Neither
- Parking: Garage - detached
Amenities & Features
- Survey (Y/N): Y
- Lot (Y/N): Y
- Water heater: Electric
- Features: