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USAMIOtsego134 W Allegan St
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134 W Allegan St, Otsego, MI

Real Estate

Sold

Listed price in listed location currency (USD).
$425,000
$459,900

060

MLS® 65025022992

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Business Opportunity
Size -
Garage No
Maintenance Fees 
Taxes $9,037
Approx. Age 1914
MLS® Number 65025022992

Property Address: 134 W Allegan St, Otsego, MI, 49078-1195

Average square foot calculated using Size range provided by listing agent.

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 LeaseApartment 2 = $1, 000/month Year LeaseApartment 3 = $1, 250/month 6 month LeaseOffice 1 = $550/month Year LeaseOffice 2 = $515/month YearOffice 3 = $300Office 4 = $300Office 5 = VacantCommercial Building 2 = $750/m 3 year leaseMonthly Income $5, 615 Owners pay for Water & Trash Only.No Yard Maintenance. No Snow Removal. Public Parking
MLS® Number65025022992
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1914
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jun 11, 2025End Date
$425,000Sold Price

Sold

May 20, 2025List Date
$459,900List Price
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Starting Address
Destination Address
134 W Allegan St, Otsego, MI

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