$475,000

120 N Farmer Street, Otsego, MI 49078

  • 3,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $136/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

120 N Farmer is situated in a prime location downtown Otsego, providing convenient access to shopping, restaurants & bars. This turnkey investment opportunity could also be an ideal owner occupant live/work space. The main level consists of 2 commercial spaces totaling approx 1,730 sq ft, while the upper level consists of 3 apartments. 100% occupancy, rents are blow market and should be increased. Upper level includes: 2 bdrm apt., one bdrm apt and a studio. Tenants pay all utilities, including water.

Listing Status:
Active
Listing Office:
MOXIE Real Estate + Development : 616-890-7794
Listing Agent:
Daniel Kolp : 616-550-2684
MLS ID:
70471873
  • Heating: Forced Air
  • General: ConcreteFrameWood Siding
  • Originating MLS: MiRealSource
  • County: Allegan
  • Zoning: SLY34.64 FT OF LOT 120 O. P. SEC 22 & 23. TAX MAP: O.O7 AC
  • Source: MiRealSource

This listing courtesy of Daniel Kolp, MOXIE Real Estate + Development

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Street Elementary School

538 Washington St, Otsego, MI, 49078

Grades PK-5

0.33 miles away

O

Otsego Middle School

540 Washington St, Otsego, MI, 49078

Grades 6-8

0.72 miles away

O

Otsego High School

550 Washington St, Otsego, MI, 49078

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.