Pending
224 Charles Street, Otsego, MI 49078
$259,000
MLS # 26020987 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19790.3 acres
1 / 36
Listing Description
WHY PAY RENT, WHEN YOU CAN COLLECT RENT? Wonderful opportunity to plan for your future, or add this to your portfolio of properties. 224 1/2 is a spacious sq. 1648 sq. ft. 3 bedrooms plus 2 additional rooms for an at home office, You will LOVE the laundry facilities (washer and dryer negotiable). HUGE kitchen and dinig area, open the slider to the picturesque, shaded w/mature trees! Lovely privacy fenced area. NOW for the part that helps pay the mortgage or put additional money in your pocket every month. Front unit has 2 bedrooms large living room, Kitchen including the appliances. Many, many recent updates include ROOF, WINDOWS, SIDING, FURNACE AND A/C AT 224 1/2 WELL, WELL, WELL, Well-located, Well-built, and Well-maintained!
Source: SparkMLS
About this home
Asking $259,000.
Property tax estimate: $3,413 per year ($284/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.3 acres
Year Built1979
Location
CityOtsego
MunicipalityOtsego City
Zip Code49078
CountyAllegan
School DistrictOtsego
Construction & Systems
ConstructionVinyl Siding
BasementSlab
HeatingForced Air
UtilitiesCable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed5/26/2026
Original Price$299,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,413
Tax Year2026
Assessed Value$64,728
Parcel #5402320500
Source: SparkMLS
Legal Description
COM 280 FT SE'LY ON S LIN CHARLES ST FROM ELY LIN FAIR ST. TH SE'LY ON CHARLES ST. 80 FT TH SW'LY PPL WITH FAIR ST 165 FT TH W'LY PPL WITH CHARLES ST TO PT 280 FT SE'LY MEAS. PPL WITH CHARLES ST. FROM E LIN FAIR ST. TH NE'LY 165 FT TO POB SEC 23 T1N R12W. (72).
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Mark E DeLavern
Berkshire Hathaway HomeServices MI
Frequently Asked Questions about 224 Charles Street, Otsego, MI 49078
What school district is 224 Charles Street, Otsego, MI 49078 in?
Per MLS# 26020987, this property is served by Otsego. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26020987, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26020987, the most recent reported annual property tax for 224 Charles Street, Otsego, MI 49078 is $3,413 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 224 Charles Street, Otsego, MI 49078 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 224 Charles Street, Otsego, MI 49078 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Otsego City police department or the Allegan County sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,680
Principal & interest$1,680
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
224 Charles Street, Otsego, MI 49078
View full property history →
Municipality
Otsego Township
View all listings →
Get email alerts for new listings near 224 Charles Street
We'll notify you when something hits the market in Otsego Township or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.