# 120 N Farmer Street, Otsego, MI 49078

> **TL;DR:** 3bd/0ba residential multi family, $325,000, built 1870. Est. $1,738/mo. Listed 200 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Bedrooms | 3 |
| Year Built | 1870 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 200 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,643 |
| Estimated Insurance | $95 |
| **Total** | **$1,738** |

## Property Highlights

- Built in 1870
- 0.07 acre lot
- 10 parking spaces

## Description

### Agent 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 you're 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.

## Location

- **Address:** 120 N Farmer Street, Otsego, MI 49078
- **County:** Allegan
- **Coordinates:** 42.461192, -85.696309
- **Google Maps:** https://www.google.com/maps?q=42.461192,-85.696309

## Listing Agent

- **Name:** Adam Atwood
- **Brokerage:** Five Star Real Estate
- **Broker Phone:** 269-459-7898
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/120-N-Farmer-St_Otsego_MI_49078_M99516-99606?f=listhub&s=GRARMI&m=26016147&c=propsimple)

## Photos

![120 N Farmer Street - Photo 1](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1099871233r.jpg)

![120 N Farmer Street - Photo 2](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1970465044r.jpg)

![120 N Farmer Street - Photo 3](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1715358362r.jpg)

![120 N Farmer Street - Photo 4](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3817847482r.jpg)

![120 N Farmer Street - Photo 5](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3835107122r.jpg)

![120 N Farmer Street - Photo 6](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f177110338r.jpg)

![120 N Farmer Street - Photo 7](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f306717494r.jpg)

![120 N Farmer Street - Photo 8](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f723411210r.jpg)

![120 N Farmer Street - Photo 9](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f677919184r.jpg)

![120 N Farmer Street - Photo 10](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1849419930r.jpg)

![120 N Farmer Street - Photo 11](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f2189412712r.jpg)

![120 N Farmer Street - Photo 12](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f2626523725r.jpg)

![120 N Farmer Street - Photo 13](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f492435780r.jpg)

![120 N Farmer Street - Photo 14](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3176740146r.jpg)

![120 N Farmer Street - Photo 15](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3752164757r.jpg)

![120 N Farmer Street - Photo 16](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3455980097r.jpg)

![120 N Farmer Street - Photo 17](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3385309273r.jpg)

![120 N Farmer Street - Photo 18](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f756303967r.jpg)

![120 N Farmer Street - Photo 19](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f169754704r.jpg)

![120 N Farmer Street - Photo 20](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f2155302920r.jpg)

![120 N Farmer Street - Photo 21](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f546637528r.jpg)

![120 N Farmer Street - Photo 22](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f2266950910r.jpg)

![120 N Farmer Street - Photo 23](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1719126702r.jpg)

![120 N Farmer Street - Photo 24](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f2684337375r.jpg)

![120 N Farmer Street - Photo 25](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1757093989r.jpg)

![120 N Farmer Street - Photo 26](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f4282001165r.jpg)

![120 N Farmer Street - Photo 27](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f4133363037r.jpg)

![120 N Farmer Street - Photo 28](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3968138042r.jpg)

![120 N Farmer Street - Photo 29](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1924487779r.jpg)

![120 N Farmer Street - Photo 30](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f3536470897r.jpg)

![120 N Farmer Street - Photo 31](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1158368994r.jpg)

![120 N Farmer Street - Photo 32](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1217908493r.jpg)

![120 N Farmer Street - Photo 33](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f2815583283r.jpg)

![120 N Farmer Street - Photo 34](http://lh.rdcpix.com/b1fbff7715e081d7cfab0f8c9050ee2cl-f1029462175r.jpg)

---

**MLS#:** 26016147 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/120-n-farmer-street-otsego-mi-49078-d9f9e1ba8899483a9701bcd1bd06d4f6)

---

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