134 W Allegan Street, Otsego, MI 49078
- Schools Otsego
- County Allegan
- Township Otsego City
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms 6 (F)
- Basement
- Garage
- Acreage 0.1
- Heat Type Forced Air
- Central Air Central Air
- Year Built 1914
- Style
- Exterior
- Taxes 9036.91
- SEV 12950
- Zoning 201 COMMERCIAL-
- Parcel 54-100-010-00
- Lot Size 59X73
Features
Looking for a Great Investment Opportunity with a 9% Cap Rate or Return on Investment, Passing Environmental & Open Book Rent Roll for tenants & Expenses? Look no farther! The sellers did all the work for you!
The Building has new flat roof on both buildings, New commercial doors, new updated commercial space that rents 5 separate units as office space to individuals, 3 apartments with long term tenants, & additional commercial space that holds a 3 year lease.There is room to grow! This property brings in over $5,000/month
3 small offices each $465 month
2 larger offices each $500 month
Apt 1 Brings in $1,000/month
Apt 2 Brings in $950/month
Apt A Brings in $1,250/month
Taxes are $9,000 yr
Owners pay for Water & Trash Only.
No Yard Maintenance. No Snow Removal. Public Parking!
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