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242 S East, Vassar, MI 48768

Vassar
Local realty services provided by:CENTURY 21 Signature Realty
242 S East,Vassar, MI 48768
$164,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sue mcknight
Office: area wide real estate
MLS#:50198511
Source:MI_REALSOURCE

Price summary

  • Price:$164,000

About this home

Perfect opportunity to set up your own business! Own & lease one unit as income. Updated 2 story home on a corner lot. Two separate addresses & meters. 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 $1200/mo for the bottom apartment and $750/month for the upper level with a gross yearly income of $23,400. (Listing removed from the market to complete updates & reflects increase in asking price.) Can be financed FHA & VA as long as the buyer is living in one unit. Warranty negotiable.

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Home facts

  • Year built:1950
  • Listing ID #:50198511
  • Added:89 day(s) ago
  • Updated:April 30, 2026 at 10:17 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Basement Description:Block

Heating and cooling

  • Cooling:Ceiling Fan(s), Central A/C
  • Heating:Forced Air, Wall Heat

Structure and exterior

  • Year built:1950
  • Lot area:0.25 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Basement, Block, Crawl
  • Levels:2 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$164,000
  • Tax amount:$3,768

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