513 Liberty St, Petoskey, MI 49770

Downtown Petoskey living with flexibility for today and possibilities for the future. This 4-bedroom, 2-bath home offers over 1,800 square feet and is ideally located between the Gaslight District, waterfront, and hospital, with Bear River and downtown amenities all within walking distance. Currently set up as two separate living spaces, the upper level features a private entrance, kitchen, bath, and flexible space that could accommodate two bedrooms. Live comfortably on the main level while renting the upstairs to help offset ownership costs, use it as a private in-law suite, or easily reconnect the two levels over time to create a spacious 5-bedroom single-family home. The property has a history as a rental and offers a great opportunity for an owner-occupant looking to build toward a larger downtown home while making use of the separate living space in the meantime. Updates include Low-E windows upstairs (2021), newer Low-E windows downstairs (2010), a new roof on both the house and garage (2014), water heaters (2025), and updated plumbing to the street. A one-car garage with alley access, off-street parking for multiple vehicles, and front and back yard space add conveniences that can be hard to find this close to downtown. A versatile property in the heart of Petoskey with the location, space, and flexibility to grow with you. OPEN HOUSE SUNDAY 09/20 12:00-2:00pm