Business - Otsego, MI
Looking for a Great Investment Opportunity with a 9% Cap Rate or Return on Investment, Passing Environmental & Open Book Rent Roll for tenants & Expenses?
The Building has new flat roof on both buildings, New commercial doors, new updated commercial space that rents 5 separate offices in one commercial space and another commercial business next door along with 3 apartments filled with long term tenants.
Apartment 1 = $950/month Year Lease
Apartment 2 = $1,000/month Year Lease
Apartment 3 = $1,250/month 6 month Lease
Office 1 = $550/month Year Lease
Office 2 = $515/month Year
Office 3 = $300
Office 4 = $300
Office 5 = Vacant
Commercial Building 2 = $750/m 3 year lease
Monthly Income $5,615
Owners pay for Water & Trash Only.
No Yard Maintenance. No Snow Removal. Public Parking
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/...
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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