Sold
303 W Franklin Street, Otsego, MI 49078
Sold on 03/30/2026 for$195,000
MLS # 26004352 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,346 sqftBuilt 19180.13 acres
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Listing Description
Charming turn-of-the-century home built in 1900 situated on a desirable corner lot just minutes from downtown Otsego. This inviting home features 3 bedrooms and 1 full bathroom, offering a functional layout with comfortable living spaces filled with natural light. Classic character and period charm are showcased throughout, while thoughtful updates support everyday living. Outside you'll find the fully fenced backyard, ideal for pets, play, gardening, or outdoor entertaining. With its prime in-town location close to shops, dining, schools, and community events, this home offers a wonderful opportunity to own a piece of Otsego history while enjoying the convenience of downtown living. Seller has delayed review of offers until Wednesday February 11th at 4PM.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,346 sq ft home in Otsego Township in Otsego built in 1918.
Closed at $195,000 (about $145/sq ft).
Annual property taxes run approximately $2,813 ($234/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. Fiber internet is available at this address with download speeds up to 6,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,346 sqft
Lot Size0.13 acres
Year Built1918
Stories2
Location
CityOtsego
MunicipalityOtsego City
Zip Code49078
CountyAllegan
School DistrictOtsego
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed2/5/2026
Sold Date3/29/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Concessions$5,000
Source: SparkMLS
Tax Information
Annual Tax$2,813
Tax Year2025
Assessed Value$62,994
Parcel #54-108-011-10
Source: SparkMLS
Legal Description
THE S 91' OF LOT 11 BLOCK 8 EX E 4.5' O.P. SEC 23 T1N R12W (94)
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 Alex J Baker
BP Realty
Frequently Asked Questions about 303 W Franklin Street, Otsego, MI 49078
Which school district serves 303 W Franklin Street, Otsego, MI 49078?
Per MLS# 26004352, 303 W Franklin Street, Otsego, MI 49078 is in the Otsego boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Otsego directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26004352, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 303 W Franklin Street, Otsego, MI 49078?
Per public tax records, annual property taxes for this property are $2,813 (2025). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 303 W Franklin Street, Otsego, MI 49078 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 303 W Franklin Street, Otsego, MI 49078 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 303 W Franklin Street, Otsego, MI 49078. The maximum advertised download speed is 6.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 303 W Franklin Street, Otsego, MI 49078?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in 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.
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Monthly payment$1,265
Principal & interest$1,265
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Internet
FiberDownload
6 Gbps
Upload
6 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
123.NET IncFiber
6 GbpsSpectrumCable
1 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
303 W Franklin Street, Otsego, MI 49078
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Municipality
Otsego Township
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