MylesShephard.com Myles Shephard

Vassar multi-family property for sale

242 S East Street

Vassar, MI 48768

$164,000 Beds: 5 · Baths: 2.5 · Sq ft: 1,986 · Type: Multi-family

Property information

Income Producing Property! Updated 2 story home on a corner lot. Utilities paid by tenants. Updates include plumbing & electrical, fresh paint, flooring, outlet covers and some light fixtures updated in the main floor unit. Cement driveway. Shed included. Newer windows downstairs and a mix upstairs. Main apartment has 1250 sq feet, has 1-1/2 bath, and 3 bedrooms. The upstairs has 736 sq feet, 2 bedrooms and 1 bathroom. Estimated rent based on market is $750/month for the upper level & receiving $1009/mo for the bottom apartment with a gross yearly income of $21,108. Can be financed FHA & VA as long as the buyer is living in one unit. Warranty negotiable.

Status Active On market 1/29/26 Updated 5/12/26 Type Income
Beds 5 Baths 2.5 Year built 1950 Finished sq ft 1,986 Lot acres 0.25
MLS 50198511 Schools Vassar Public Schools

Interior

  • First

Systems

  • Wall Furnace
  • Forced Air
  • Ceiling Fan(s)
  • Central Air
  • Public
  • Public Sanitary

Listing Courtesy of MiRealSource. Listing Office Area Wide Real Estate (989) 823-2100. For buyer's agent representation click here.

Listing information is provided for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Information is refreshed from MiRealSource.

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