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$259,900
5 Beds 2 Baths 26039367 MLS ACTIVE Status
Discover the perfect blend of charm, space, and opportunity in the heart of downtown Otsego! This spacious 4-bedroom, 2-bath home offers the potential for a 5th bedroom and is within walking distance of local shops, restaurants, parks, and all the community events that make Otsego such a desirable place to live. Whether you're looking for a place to call home or need space to operate a home-based business, this property offers incredible flexibility. Save money on commercial rent by running your business right from home while enjoying the convenience of being close to everything. Inside, you'll find a huge kitchen that opens to generous dining and living spaces, creating the perfect setting for entertaining or everyday living. Beautiful hardwood floors, ceramic tile, original woodwork, and built-in cabinets and shelving add timeless character throughout the home. Recent updates include a new lower roof, new carpet, and fresh paint throughout. All stainless steel kitchen appliances are included, and the newer furnace and 5-ton central air unit provide year-round comfort. Outside, enjoy a large fenced backyard and a detached two-car garage with plenty of room for storage, hobbies, or additional workspace. If you've been dreaming of working from home while spending more time with family, or simply want a spacious home in a prime location, this property is an opportunity you won't want to miss! Seller is a licensed real estate agent in Michigan.

212 E Allegan Street, Otsego

$325,000
26016147 MLS ACTIVE Status
Turnkey investment opportunity in the heart of downtown Otsego! This 5-unit mixed-use building offers strong, consistent cash flow with a current gross income of $4,030/month and an impressively low expense ratio. A major bonus for investors--city-owned parking means reduced maintenance responsibilities and costs, as the municipality handles parking areas and sidewalks. The property features a versatile unit mix, including two approximately 950 sq ft main-floor commercial suites with excellent street presence, plus three residential units: a well-appointed 1-bedroom/1-bath apartment, a spacious 2-bedroom/1-bath unit, and a studio apartment. All units have seen significant updates, providing a clean, modern feel that attracts and retains quality tenants. Whether you're looking to expand your portfolio or secure a stable, income-producing asset, this property checks all the boxes. Fully occupied, professionally positioned, and truly turnkey--this is a rare opportunity to own a low-maintenance, passive income generator in a growing downtown market.

120 N Farmer Street, Otsego