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$349,900
4 Baths ⋅ 26034962 MLS ⋅ PENDING Status
Fantastic unique investment opportunity with this Otsego Township Duplex close to Otsego High School and Middle School. Great for house hacking (live in one side rent out the other) or as an outright Investment Rental. Two units with separate utilities and all of the majors in great condition. 2012 water heaters, furnaces, and air conditioning. 2021 roof and siding. Electrical and plumbing in great condition as well as the well and septic. Both units share a large porch area and a one stall garage each. One unit has 3 bed 2.5 bath and finished square footage in the basement that includes a kitchenette while the other has 2 bed 1.5 bath and a large basement recreation area that could be finished. This property sits on 1.22 acres and has a beautiful backyard. The units could use some TLC in some areas but overall and in pretty good condition. Priced to sell!

518 Lincoln Road, Otsego
$259,000
26020987 MLS ⋅ PENDING Status
WHY PAY RENT, WHEN YOU CAN COLLECT RENT? Wonderful opportunity to plan for your future, or add this to your portfolio of properties. 224 1/2 is a spacious sq. 1648 sq. ft. 3 bedrooms plus 2 additional rooms for an at home office, You will LOVE the laundry facilities (washer and dryer negotiable). HUGE kitchen and dinig area, open the slider to the picturesque, shaded w/mature trees! Lovely privacy fenced area. NOW for the part that helps pay the mortgage or put additional money in your pocket every month. Front unit has 2 bedrooms large living room, Kitchen including the appliances. Many, many recent updates include ROOF, WINDOWS, SIDING, FURNACE AND A/C AT 224 1/2 WELL, WELL, WELL, Well-located, Well-built, and Well-maintained!

224 Charles Street, Otsego
$375,000
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
$175,000
25051328 MLS ⋅ SOLD Status
Unit #1 is a studio apartment.

304 E Orleans Street, Otsego
$242,500
25043034 MLS ⋅ SOLD Status
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!

249 W Franklin Street, Otsego
$156,400
25024207 MLS ⋅ SOLD Status
Don't miss out on this rare opportunity to own a duplex in Otsego schools! Both units are spacious 1 bed, 1 bath units. Current owner has kept the rent low for long term tenants and is currently renting below market rate. New roof in 2020. New furnace in 2024. Sewer line replaced in 2018 and new electrical panels in 2020. Both gas and electric are split, however owner provides gas due a single furnance and water heater. Tenants pay electic and trash. The exterior of the home will need new windows and siding. Call today. Limited showing times for tenants convienence. First showing opportunity is Sat. May 31st from 10am - noon.

244 W Franklin Street, Otsego
$242,000
25006789 MLS ⋅ SOLD Status
If you are looking for a rental don't miss this one! Recently remodeled with fresh paint, many new windows and refinished hardwood floors, kitchens offer over-stove microwaves, stove, refrigerator, and washer and dryers. One has a dishwasher. Nice bathrooms and 2 bedrooms. This rental comes with nice tenants who would like to stay! Paved driveway, Carport parking for 2 cars and a small garage.

250 W Allegan Street, Otsego
$240,000
24061932 MLS ⋅ SOLD Status
Fantastic opportunity to own this three unit rental in Otsego! Great location about half way between GR and Kzoo. Plenty of shopping, easy commute, dining, and outdoor activities all around. This cash cow would make an excellent owner occupant dwelling or a nice addition to your investment portfolio. Limited showing availabilities so hurry over before your competition swoops in and picks this one up!

238 W Orleans Street Unit 3, Otsego
$185,000
24034462 MLS ⋅ SOLD Status
This great duplex is perfect as an owner occupied or as an investment. This well cared for property and great tenant record make for an ideal situation. Both main level and upper unit have neutral finishes and modern updates. Upper unit has a kitchen, full bath, open living room, dining room, a bedroom and a flex room. The main level has a large eat in kitchen, dining room, living room, bathroom, laundry room, and three great size bedrooms. Having a full basement, two car detached garage and a corner lot these are great feature for yourself or future tenants. All new electrical updated in Sept. 2024.

324 S North Street, Otsego
$290,000
24017599 MLS ⋅ SOLD Status
Come see this spacious home which offers INCOME opportunity from a 2nd Story Apartment with separate electric meter and the ability to be a Short Term Rental (once the tenant agreement expires). Pride of ownership is evident from so many updates and it is move-in ready! Imagine entertaining in the Newly Enclosed Backyard with in-ground irrigation, Enormous 3-Stall Garage, and 3-Season Room. Other NEW updates are: Roof, Siding, HVAC, Refrigerator, WaterHeater, WaterSoftener and ensuite bathroom to the primary, main-floor bedroom. On the lower level, there is even a secret escape door in the closet of one of the 3bedrooms. The lot is extra large with a gazebo and framed with sidewalks made to walk to schools, restaurants, shopping & entertainment.

226 S North Street, Otsego