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5 Beds
3 Baths
1,986 sqft

$159,900

242 S East Street, Vassar MI, 48768

Price per sqft$80.51
Built in1950
Property size1,986 sqft
Property typeResidential

Overview

Active

Listed Jan 30, 2026

Updated 8 days ago

Income Producing Property! Or Live In One & Rent The Other!! FHA & VA approved when occupying one of the units. 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. Rents/Security Deposit Transferred at Closing. Utilities separate for each unit. Warranty negotiable.

$1,064/mo

Est. mortgage payment based on a $159,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
50198511

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$3,768
Tax Frequency
Annually
Municipality
Vassar
MLS provider logo

Listed by Sue McKnight with DeMark Real Estate
Listing Contact: [email protected] 

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/12/2026 at 10:34 PM UTC

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