249 W Franklin Street, Otsego, MI 49078

$242,500

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Sold Price
$242,500
List Price
$249,900
Closing Date
Sep 05, 2025
Days on Market
2
MLS#
25043034
Status
SOLD
Type
Multifamily
Neighborhood
Greater Kalamazoo - K

Property Description

Well-maintained Duplex in the heart of Otsego- Move In Ready! Pride of ownership shines through in this beautifully cared for 2-unit duplex, just a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. The current owner has thoughtfully updated and maintained the property, ensuring peace of mind for years to come with a new roof, waterproofed basement, updated fencing, modern appliances, refreshed flooring, and improved utilities. Each spacious unit offers: 2-3 bedrooms, 1 full bath, large living room and open kitchen with eating area, laundry hookups, and separate utilities for convenience. The lower unit is ideal for an owner-occupant who wants to enjoy the benefits of homeownership while generating income from the upper rental unit. Investors will also appreciate the property's turn key condition and desirable location, making it a perfect addition to any rental portfolio. Don't miss out this opportunity!

Additional Information

Owner Pays
None
Taxes
$3,405
Acres
0.19
Basement
Full, Walk-Out Access
Heating
Forced Air
Roofing
Composition
School District
Otsego
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Marissa Barr MTP Group from Listing Office: Real Broker LLC.

Selling Agent: Selling Office: .

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