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$242,500
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Property Description
Well-maintained Duplex in the heart of Otsego- Move In Ready! Pride of ownership shines through in this beautifully cared for 2-unit duplex, just a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. The current owner has thoughtfully updated and maintained the property, ensuring peace of mind for years to come with a new roof, waterproofed basement, updated fencing, modern appliances, refreshed flooring, and improved utilities. Each spacious unit offers: 2-3 bedrooms, 1 full bath, large living room and open kitchen with eating area, laundry hookups, and separate utilities for convenience. The lower unit is ideal for an owner-occupant who wants to enjoy the benefits of homeownership while generating income from the upper rental unit. Investors will also appreciate the property's turn key condition and desirable location, making it a perfect addition to any rental portfolio. Don't miss out this opportunity!
Full Property Details
Full Property Details for 249 W Franklin St
General
- Sold For: $242,500
- Taxes: $3,405
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25043034
- Added to Site: 150 day(s) ago
Interior
- Number of Fireplaces: 1
Parking
- Total Spaces: 4
- Parking Features: Unpaved
Location
- Area: Greater Kalamazoo - K
- County: Allegan
- Subdivision: Burlinghams Add
- Cross Streets: W Franklin & S North St
- Driving Directions: From 131 get off at Plainwell/Otsego exit. Go west into Otsego, turn left on S. North St, turn left onto W. Franklin St, house is on the right
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air
Utilities
- Utility Description: Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Frontage: Paved
- Lot Features: Level, Sidewalk
Financial Considerations
- Tax Amount: $3,405
- Terms: VA Loan, FHA, Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Trash, Sewer, Gas
Disclosures and Reports
- Legal Description: LOT 51 BLK I EX S 49.5 FT ALSO E 8 FT LOT 52 BLK I EX S 49.5 FT BURLINGHAM'S ADDITION. (72).
- Property ID: 54-209-051-00
Listed by Michigan Top Producers, Marissa Stelzer Elevate Team
Sold by Jaqua, REALTORS, Amy L Hamilton
Get Pre-Approved Today
Schools
Schools serving 249 W Franklin St
School District:Otsego Public Schools
| Name | Grades | Distance |
|---|---|---|
Otsego High School 550 Washington Street, Otsego, MI 49078 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 249 W Franklin St
Date
Details
Price
Change
Source
9/05/2025
Sold
$242,500
-2.96%
MLS
8/22/2025
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
249 W Franklin Street, Otsego, MI 49078 (MLS# 25043034) is a Single Family property that was sold at $242,500 on September 05, 2025. Want to learn more about 249 W Franklin Street? Do you have questions about finding other Single Family real estate for sale in Otsego? You can browse all Otsego real estate or contact a Coldwell Banker agent to request more information.

