226 S North Street Otsego, MI $ 325,000
226 S North Street
$ 325,000
Open House 5/30 5pm - 7pm
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226 S North Street

Otsego, MI, 49078
$ 325,000
Baths0.0

Monthly Estimate*

$ 2,160

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View a Virtual Tour
Studio

Multi-Family Home for sale in Otsego, MI

for $325,000. This home was built in 1900 on a lot size of 0.33.

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.

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Open House

5/30/2024 5:00 PM - 7:00 PM
5/31/2024 5:00 PM - 7:00 PM
6/1/2024 11:00 AM - 1:00 PM
226 S North Street Otsego, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,774

Style

2 to 4 Units

Lot Size

0.33

Year Built

1900

Town/City

Otsego

County/Region

Allegan

MLS | Web ID

24017599

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Natural Gas Connected Electric Connect
Possession Close Plus 30 Days
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric
Township Otsego City
Property SubType 2 to 4 Units
Tax Year 2024
County Allegan
New Construction N
Property Type Multi-Family
Attached Garage N
Status Active
Directions 2 Blocks South of W Allegan St
City Otsego
High School District Otsego
Zoning Description R-B
Total Units 2
MLS Area Grand Rapids - G
Lot Size Square Feet 14520.0
Waterfront Y/N N
Street Name North
Land Lease Y/N N
Tax Annual Amount 3774.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://www.dropbox.com/scl/fi/jn11tkym5md108gva1lq5/226-Video-Walkthrough.mov?rlkey=f89vf9d8shb2hwa3sw70k0hsu&raw=1
Days on Market 37
Standard Status Active
Tax Assessed Value 78252
Legal Description S'LY 110 FT OF S 1/2 OF LOTS 43 & 44 BLOCK G BURLINGHAM'S ADDITION
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Level Sidewalk Corner Lot
Total Parking 4.0
Lot Size Area 0.33
Number of Buildings 1
Spa N
Lot Dimensions 110 x 132
Lot Size Acres 0.33
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 226
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* Excluded Features
List By
Epique Realty

Broker

atozrealtymichigan@gmail.com

Email

Affordability Calculator

$2,475
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,160
Monthly Property Taxes
$315
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
251391 Elementary School
249001 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$325,000 -7.14% Price Down
5/9/2024$350,000 -6.67% Price Down
5/1/2024$375,000 -6.23% Price Down
4/17/2024$399,900 -11.13% Price Down
4/15/2024$450,000 Listed Price

Map


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226 S North Street, Otsego, MI, 49078 is a Multi-Family Home for sale at $325,000 with a lot size of 0.33. 226 S North Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49078 which is in Otsego, MI