Otsego, MI 49078,Address not disclosed

$325,000

Est. payment /mo

$349,900

7.1%
Est.Price: ?

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Address not disclosed Otsego, MI 49078

6 Beds

0.31 Acres Lot

SOLD DATE : 11/23/2022

Key Details

Sold Price $325,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 66022047457

Bedrooms 6

Year Built 1900

Annual Tax Amount $7,805

Lot Size 0.310 Acres

Property Description

**OPEN HOUSE SATURDAY NOV. 12TH FROM NOON- 2PM**Great Investment Opportunity in the charming city of Otsego! This 6 unit property sits on a corner lot, is within walking distance to the downtown area, and close to the highway. The main building has 5 large units, 4- 2 bed, 1 bath units and 1-1 bed, 1 bath unit. The 6th unit (209 S. Fair Street) is a separate building with 1 bedroom and 1 bath. Seller installed a laundry room in 2020. You can change the washer & dryer to coin operated and have another source of income. 3 units have long term tenants. Roof new in 2020 and new exterior stairs in 2022. This is an awesome opportunity to add to your portfolio before the end of the year!

Location

State MI

County Allegan

Area Otsego

Interior

Heating Hot Water

Exterior

Garage Spaces 8.0

Roof Type Composition

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Water at Street, Public (Municipal)

Structure Type Vinyl

Schools

School District Otsego

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Kristi McFellin of CENTURY 21 Affiliated
Bought with Jaqua, REALTORS
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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