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120 N Farmer Street, Otsego, MI 49078
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$560,000
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Home Details for 120 N Farmer Street
Price
$560,000
Type
Commercial/Industrial
Total Bathrooms
5
Full Bathrooms
5
Year Build
1870
Lot Size
0.07
County
Allegan
Tax
$3,970.66
MLS®️ Listing#
25025217
On exitrealty.com
174 days
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.
- Utilities
- Natural Gas Available
- Phone Connected
- Natural Gas Connected
- Electricity Connected
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
Listing Courtesy: MOXIE Real Estate + Development - 616-890-7794. Presented by: Daniel Kolp
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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$560,000
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