242 S East Street Vassar, MI $ 171,500
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
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242 S East Street, Vassar, MI 48768 - Image 3
242 S East Street, Vassar, MI 48768 - Image 4
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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

Lot Size

0.25

Year Built

1950

Town/City

Vassar

County/Region

Tuscola

MLS | Web ID

50198511

Features
General
Heating Wall Heat Forced Air
Cooling Ceiling Fan(s) Central A/C
Possession Within 30 Days
Water Public Water
Status Active Active
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 1950
Subdivision Original City of Vassar MI
County Tuscola
Class MULTIFAMILY
Type Multi-Family
Net Income 23000
Ownership Private
Municipality Vassar
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Vassar (79040)
Primary City Vassar
Directions On the corner of Arch and East Street
City Vassar
School District Vassar Public Schools
Financial Terms Cash Conventional
Legal Description ASST LC L541 PG 518 T11N R&E LOT 10 BLK 29 ORIG PLAT CITY OF VASSAR
DOM 0
Postal Code 48768
Price Per Sq Ft Total AG 86.35
Public Remarks
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Interior
Basement Block
Beds 5
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Vinyl Siding
Frontage 70
Lot Size Area 0.25
Lot Dimensions 170 x 70
Waterfront Y/N No
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* Excluded Features
List By
Sue McKnight

Listing Agent

Area Wide Real Estate

Broker

nettetoner@gmail.com

Email

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
1000725 Elementary School
1000724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$165,000 Listed Price

Map


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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