Property Details

Description

Located just minutes from downtown Petoskey and within close proximity to Meijer, Walmart, and other major retailers, this versatile 1-acre income property offers a great opportunity for investors or those seeking multi-unit living. The property includes two well-kept, updated single-wide mobile homes, each featuring 2 bedrooms, 1 full bathroom and a shed. Both units have had updates in recent years, including drywall, insulation, electric panels/wiring, flooring, windows, and interior finishes, offering low-maintenance ownership. Tenants are currently in place on month-to-month leases and have expressed a desire to remain, making this a turnkey rental investment with immediate income potential. Alternatively, the property offers flexible options for multi-generational living, short-term rental development, or future redevelopment. Enjoy the peace and privacy of southern-facing views and a nice setback from the road while still being conveniently located near town. The spacious lot offers room to expand, garden, or create additional outdoor living areas. Whether you’re expanding your investment portfolio, looking for multi-generational housing, or exploring a live-in-one, rent-the-other option—this property delivers versatility, value, and location.