Sign up to get new listings emailed daily! JOIN SIGN IN
Kelly Toney
Licensed in Michigan & Indiana | Chairman's Club 2025 | Circle of Excellence 2024
REALTOR®, Associate Broker, GRI, ABR, RSPS
(574) 215-9687
Facebook Icon LinkedIn Icon Realtor.com Icon Zillow Icon VCard Icon 
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo
120 N Farmer Street, Otsego, MI 49078 Photo

34 Total Photos [Click to View All]

$375,000
Status: Active
120 N Farmer Street Otsego, MI 49078
  • Bedrooms
  • Total Baths
  • Square Feet
  • 0.07
    Acres
  • 1870
    Year Built
  • HOA

Property 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 updates, providing a clean, modern feel that attracts and retains quality tenants. Whether youre looking to expand your portfolio or secure a stable, income-producing asset, this property checks all the boxes. Fully occupied, professionally positioned, and truly turnkey--this is a rare opportunity to own a low-maintenance, passive income generator in a growing downtown market.

Request Info / Schedule Showing

Contact Form

Listed By / Shown By

Listed By

Broker Name: Five Star Real Estate
Broker Phone: 269-377-4589
Agent Name: Adam Atwood

agent picture

Shown By

Agent Name: Kelly Toney
Agent Phone: (574) 215-9687
Broker Title: Cressy & Everett Real Estate

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 04/17/2026.

Property Features

MLS Number: 26016147
Subdivision:
County: Allegan
Bedrooms: 0
Total Square Feet: 0
New Constuction: No
Construction: Vinyl Siding
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Forced Air
Lot Size: 0.07 Acres
Road Surface: Paved
Roof Type: Composition
Taxes: $3,989
Year Built: 1870

Feature Descriptions

Exterior: Vinyl Siding
Lot: Sidewalk
Lot Dimensions: 30.64x101
Owner Pays: None
Parcel Number: 54-100-120-70
Parking Total: 10
Sub Type: 5+ Units
Tenant Pays: Electric, Water, Trash, Sewer, Gas
Units: 5
Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Location

Estimate Your Payment

Estimated Payment

$ 2,298.71 per month $1,856.92 Principal & Interest $332.42 Property Tax $109.38 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Note: a subscription to the Do Not Call list does not apply when requesting information from our company.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 5:50:18 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 04/16/2026 11:17:53 PM EST) or NIRA MLS (last updated Thu 04/16/2026 11:04:47 PM EST) or IRMLS (last updated Thu 04/16/2026 11:12:15 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Agency License Information: Cressy & Everett Real Estate is licensed in the states of Indiana and Michigan.



Agent License Information: Kelly Toney is licensed to sell real estate in the state of Michigan

Login to My Homefinder

Pixel