$325,000
$349,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
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
Sold Date 11/23/22
Bedrooms 6
Originating Board Greater Kalamazoo Association of REALTORS®
Year Built 1900
Annual Tax Amount $7,805
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 80 X 165
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
Direction From US-131 & M-89; W on M-89; S on Fair St to Home on the Corner.
Interior
Interior Features Cable Available
Heating Hot Water
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Pool No
Roof Type Composition
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Water at Street, Public (Municipal)
Structure Type Vinyl
Schools
School District Otsego
Others
Pets Allowed Yes
Tax ID 5410704200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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