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Image 1 - 414 Waukazoo Ave, Petoskey, Michigan, 49770 - House for sale
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Home For Sale In Petoskey, Michigan
414 Waukazoo Ave, Petoskey, Michigan, 49770

Home For Sale In Petoskey, Michigan

house for sale
Listed: 02/07/24

414 Waukazoo Ave, Petoskey, Michigan, 49770

4 Bed:
5 Bath:
2,310 Sq Ft Living Area:
Save
Price
$ 1,1M

About This House

Start earning on your investment immediately! Rare turn-key opportunity in Downtown Petoskey. The only licensed motel in the Central Business District, Little Bay Cottage is a century-old farmhouse renovated and converted into four one-bedroom flats. Very established self-serve boutique motel with over 900 bookings since opening in July, 2021.With a 5-star rating and numerous repeat guests, the reviews are clear: the location can't be beat! Each unit offers full apartment amenities including private entrances, separate kitchens and cozy living spaces. Full basement with separate access offers great storage. See the long list of recent upgrades. This unique property is offered with all furnishings, supplies, fully-functioning booking website and complete AirBnb account including Superhost status and all future bookings, as well as Seller cooperation to transition the busy operations to new owners. for more photos of each flat and information about inclusions.

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Petoskey Housing & Living

Household Income

Median household income: $37,639
Number of households: 2,927
The average household income in Petoskey, MI declined from $39,690 to $37,639 in the past year. This data is an estimate based upon 2,927 households in Petoskey, MI.
The chart below presents how household income is distributed in Petoskey, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Petoskey, MI compared to median property taxes around the country. The prevalent amount of property taxes in Petoskey, MI equals $3k+ , which is less than the national average.