134 W Allegan Street, Otsego, MI 49078
- $425,000
- 6
- BA
- Sold Price
- $425,000
- List Price
- $459,900
- Closing Date
- Sep 15, 2025
- Days on Market
- 22
- MLS#
- 25022992
- Status
- SOLD
- Type
- Commercial
- Bathrooms
- 6
- Full-baths
- 6
- Neighborhood
- Greater Kalamazoo - K
Property Description
Looking for a Great Investment Opportunity with a 9% Cap Rate or Return on Investment, Passing Environmental & Open Book Rent Roll for tenants & Expenses? The Building has new flat roof on both buildings, New commercial doors, new updated commercial space that rents 5 separate offices in one commercial space and another commercial business next door along with 3 apartments filled with long term tenants. Apartment 1 = $950/month Year Lease Apartment 2 = $1,000/month Year Lease Apartment 3 = $1,250/month 6 month Lease Office 1 = $550/month Year Lease Office 2 = $515/month Year Office 3 = $300 Office 4 = $300 Office 5 = Vacant Commercial Building 2 = $750/m 3 year lease Monthly Income $5,615 Owners pay for Water & Trash Only. No Yard Maintenance. No Snow Removal. Public Parking
/u.realgeeks.media/mymichiganproperty/Logo.png){kind=logo}
Additional Information
- Taxes
- $9,036
- Acres
- 0.10
- Heating
- Forced Air
- Roofing
- Rubber
- School District
- Otsego
- Tenant Pays
- Electric, Gas
- Utilities
- Natural Gas Connected, Electricity Connected
Mortgage Calculator
Listing courtesy of Listing Agent: Jenna Corson from Listing Office: Bellabay Realty (Middleville).
Selling Agent: Selling Office: .
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .