NOT LISTED FOR SALE

505 Liberty St Petoskey, MI 49770

6 Beds
4 Baths
2,610 Sq Ft
-- Built

Last Sold September 04, 2019

Last sale price $215,000 $82 Per Sq Ft

1 Day on Market

Highlights

  • Thermal Windows
  • Forced Air Heating System
  • 3-minute walk to Bear River Recreation Area
  • Laundry Room

About This Home

As of September 2019

TRIPLEX INCOME PROPERTY........Main house has 2 units. Upper unit 2 bed/2bath inc washer & dryer and recently upgraded. Lower unit 2 bed/1bath inc washer & dryer (owner owned and not included). Additional 2 bed/1bath rental unit in back with off-street parking and alley access. Just redone with all new carpet. Each unit has separate meter for gas, water and electric. Utilities not included in monthly rental rates.

Last Listed By

Phyllis Burkee

Jack Van Treese & Assoc.. Listed on: 07/24/2019

Property Details

Home Type

  • Multi-Family

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,610 Sq Ft Home
  • Thermal Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-202-060

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Triplex
  • Lvt Date: 07/24/2019
  • Section: 6
  • S E V Yr: $92,400/2020
  • Second Address Number: 505-07
  • Directions: W Mitchell, S on Liberty
  • Price per Sq Ft: 82.38
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Cable, Dryer, Range, Refrigerator, Washer
  • Basement: Full, Slab
  • Total Sq Ft: 2610
  • Above Grade Finished Sq Ft: 2610
  • Windows: Thermo, Insulated
  • Laundry Room: Y

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Heaters: 3
  • Number Water Meters: 3

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Lot: Y
  • Zoning: RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-202-060

Multi Family

  • Number Of Units: 3

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $215,000 -2.3% $82 / Sq Ft
07/24/2019 07/24/19 For Sale $220,000 -- $84 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 459570

Northern Michigan MLS