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- Overview
- Description
- Property Details
- Location
- Facts & Features
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Street View
$375,000
Monthly Est:$1,867
-- Bed
-- Bath
3,944sqft
120 N Farmer St, Otsego, MI 49078
$375,000
$1,867/moEst:
Get Pre-Approved
Multi Family
Built in 1870
$-- HOA
3,049.2 sqft lot
$95/sq.ft
Description
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...
Continue Reading- Houzeo last checked: 3 minutes ago
- Listing updated: April 17, 2026 at 1:57 pm
- Listing Provided by: Adam Atwood (269) 377-4589 | Five Star Real Estate (269) 377-4589
- Source: Realcomp MLS-MI | MLS#: 66026016147
- Originating MLS: Greater Kalamazoo Association of REALTORS
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1870
HOA Fees
-
Finished Area
3,944 sqft
Lot Size
3,049.2 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
66026016147
MLS Status
Active
Days on Market
154
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1870
Home type
Multi Family
Construction Materials
Vinyl Siding
Roof
Composition
Utilities & Energy
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected
Water Source
Public
Basement
Full
Other Features
Community Features
Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
08/10/2026 Source: | Price Decreased | $325,000 -13.33% $82/sqft |
04/17/2026 Source: | Listed for Sale | $375,000 -21.05% $95/sqft |
11/23/2025 Source: | Price Increased | $475,000 +70.25% $120/sqft |
08/20/2025 Source: | Listing Removed | $279,000 -50.18% $71/sqft |
06/16/2025 Source: | Listed for Sale | $560,000 -4.27% $142/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 19, 2026, 07:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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