120 N Farmer ST Active

Otsego,MI 49078

$ 475000

- Bed

5 Baths

3500 SqFt


Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $135

MLS Listing ID 65025025217

Year Built 1870

Property Sub-Type BusinessandRealEstate

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.

Location

State MI

County Allegan

Area Area86141Allegantwp

Interior

Heating ForcedAir, NaturalGas

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneConnected

View Y/N No

Building

Sewer PublicSewer

Water Public

Schools

School District Otsego

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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