120 N Farmer Street Active

Allegan Twp,MI 49078

$ 560000

0 Bed

- Bath

3500 SqFt


Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $160

MLS Listing ID 65025025217

Year Built 1870

Annual Tax Amount $3,970

Lot Size 3,049 Sqft

Property Sub-Type Business And Real Estate

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 Allegan Twp

Interior

Heating Forced Air

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Frame,Wood

Schools

School District Otsego

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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