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242 S East Street Vassar, MI $ 171,500
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$ 171,500 Get more info
242 S East Street
$ 171,500
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242 S East Street

Vassar, MI, 48768
$ 171,500
Bedrooms5 Baths2.1 Sq 1,986

Monthly Estimate*

$ 1,056

242 S East Street, Vassar, MI 48768 - Image 1
242 S East Street, Vassar, MI 48768 - Image 2
242 S East Street, Vassar, MI 48768 - Image 3
242 S East Street, Vassar, MI 48768 - Image 4
242 S East Street, Vassar, MI 48768 - Image 5
242 S East Street, Vassar, MI 48768 - Image 6
242 S East Street, Vassar, MI 48768 - Image 7
242 S East Street, Vassar, MI 48768 - Image 8
242 S East Street, Vassar, MI 48768 - Image 9
242 S East Street, Vassar, MI 48768 - Image 10

Multi-Family Home for sale in Vassar, MI

for $171,500 with 5 bedrooms and 2 full baths, 1 half bath. This 1,986 square foot home was built in 1950 on a lot size of 0.25.

Perfect opportunity to set up your own business! Own this property and rent out the additional space as income. Well maintained 2 story home in the city of Vassar on a corner lot with two separate addresses. Plumbing & electrical updated, fresh paint, flooring, plug covers and some light fixtures updated in the main floor unit. Electric, gas and water are on separate meters. Cement driveway. Shed in back for storage. Has newer windows downstairs and a mix upstairs. Well maintained entry to the upstairs unit. Front and side entrance for the main apartment. Main apartment has 1250 square feet of living space, and has a one and a half bath, and 3 bedrooms. The upstairs has 736 square feet, and has 2 bedrooms and 1 bathroom. Easily get $1200/mo for the bottom apartment and $750/month for the upper level with a gross yearly income of $23,400.

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Multi-Family Active

Price

$ 171,500

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 3,768

Style

MultiFamily

Lot Size

0.25

Year Built

1950

Town/City

Vassar

County/Region

Tuscola

MLS | Web ID

5050198511
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters WallFurnace
Cooling CeilingFans CentralAir
Possession ClosePlus30Days
Garage Spaces 0.0
Construction Materials VinylSiding
Year Built 1950
Levels Two
Property Subtype MultiFamily
Tax Year 2025
County Tuscola
Net Operating Income 23000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ORIGINAL CITY OF VASSAR
Garage Y/N N
Full Baths 2
Status Active
City VassarCity_Tuscola
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Vassar
Zoning Description Residential
Number Of Units Total 2
MLS Area Area79172Vassar
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3768.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description ASST LC L541 PG 518 T11N R&E LOT 10 BLK 29 ORIG PLAT CITY OF VASSAR
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Interior
Basement Block
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1986.0
Half Baths 1
Total Bedrooms 5
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Water Source Public
Foundation Details Basement Block CrawlSpace
Spa N
Lot Dimensions 170 x 70
Lot Size Acres 0.25
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 242
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* Excluded Features
List By
Sue McKnight

Listing Agent

Area Wide Real Estate

Broker

(989) 325-0319

Phone

Affordability Calculator

$1,370
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,056
Monthly Property Taxes
$314
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
848837 Elementary School
848567 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/30/2026$165,000 Listed Price

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242 S East Street, Vassar, MI, 48768 is a Multi-Family Home for sale at $171,500 with 1,986 sqft and a lot size of 0.25. 242 S East Street has 5 bedrooms, 2.1 baths, and was built in 1950. The property's zip code is 48768 which is in Vassar, MI

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