244 W Franklin St Otsego, MI 49078
Estimated payment $1,021/month
Highlights
- 1 Fireplace
- Forced Air Heating System
- High Speed Internet
About This Home
Don't miss out on this rare opportunity to own a duplex in Otsego schools! Both units are spacious 1 bed, 1 bath units. Current owner has kept the rent low for long term tenants and is currently renting below market rate. New roof in 2020. New furnace in 2024. Sewer line replaced in 2018 and new electrical panels in 2020. Both gas and electric are split, however owner provides gas due a single furnance and water heater. Tenants pay electic and trash. The exterior of the home will need new windows and siding. Call today. Limited showing times for tenants convienence. First showing opportunity is Sat. May 31st from 10am - noon.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,202
Year Built
- Built in 1860
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 66 x 175
Home Design
- Composition Roof
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Parking
- 2 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for water, sewer, gas
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,202 | $73,200 | $10,100 | $63,100 |
| 2024 | $1,899 | $63,500 | $6,100 | $57,400 |
| 2023 | $1,899 | $54,300 | $5,800 | $48,500 |
| 2022 | $1,899 | $48,500 | $5,800 | $42,700 |
| 2021 | $1,878 | $45,000 | $5,800 | $39,200 |
| 2020 | $1,853 | $44,600 | $5,800 | $38,800 |
| 2019 | $1,822 | $37,900 | $5,800 | $32,100 |
| 2018 | $1,783 | $34,700 | $5,800 | $28,900 |
| 2017 | $0 | $30,100 | $6,300 | $23,800 |
| 2016 | $0 | $27,700 | $4,500 | $23,200 |
| 2015 | -- | $27,700 | $4,500 | $23,200 |
| 2014 | $2,405 | $27,100 | $0 | $0 |
| 2013 | $2,405 | $33,300 | $6,600 | $26,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 05/26/2025 05/26/25 | For Sale | $149,900 | +328.3% | -- |
| 10/15/2012 10/15/12 | Sold | $35,000 | -36.2% | $21 / Sq Ft |
| 06/27/2012 06/27/12 | Pending | -- | -- | -- |
| 10/12/2010 10/12/10 | For Sale | $54,900 | -- | $33 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $35,000 | Ppr Title West Michigan Real | |
| Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $86,000 | New Conventional | |
| Closed | $26,250 | New Conventional |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25024207
APN: 54-208-047-00
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Information is deemed reliable but not guaranteed.
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