$206,000
103 River Street 1 & 2
Allegan, MI 49010
MLS# 26002207
Status: Sold



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Property Description
Wonderful 2 unit river front investment opportunity one block from down town Allegan restaurants and parks. The units are 1,012 finished square feet with central air, 2 bedrooms and a full bath. Recent updates include a new single layer roof, maintenance free front porch soffit, and new basement windows. The walkout basement features high ceilings overlooking the river. Main floor is currently vacant and each unit should rent around 1,100 per month. Each unit has separate gas and electric meters.

Details
Maps
Location & Property Info
Unit #: 1 & 2
Cross Streets: Grand
Property Sub-Type: 2 to 4 Units
Area: Greater Kalamazoo - K
Municipality: Allegan City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 98.81
General Property Info
New Construction: No
Lot Dimensions: 50' x 85'
Financial Available: Yes
Road Frontage: 50
Cert of Compliance: Yes
Waterfront: Yes
Body of Water: Kalamazoo River
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2024
Total Parking Spaces: 4
Statewide Lakes & Rivers: Kalamazoo River
School District: Allegan
Lot Measurement: Square Feet
Year Built: 1900
Tax Info
Taxable Value: 55800
SEV: 55800
For Tax Year: 2025
Seller's Annual Property Tax: 2500
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None known
Zoning: R-3
Tax ID #: 51-280-073-00
Remarks & Misc
Public Remarks: Wonderful 2 unit river front investment opportunity one block from down town Allegan restaurants and parks. The units are 1,012 finished square feet with central air, 2 bedrooms and a full bath. Recent updates include a new single layer roof, maintenance free front porch soffit, and new basement windows. The walkout basement features high ceilings overlooking the river. Main floor is currently vacant and each unit should rent around 1,100 per month. Each unit has separate gas and electric meters.
Legal: LOT 73 EX SLY 25 FT ALSO SLY 9 FT OF LOT 74 MEASURED ALONG RIVER ST RUSSELL'S FRACTION.
Status Change Info
Sold Price/SqFt: 101.78
Under Contract Date: 2026-01-29
Sold Date: 2026-03-03
Sold Price: $206,000
Waterfront Options
Water Frontage: 50
Water Type
River: 1
Water Fea. Amenities
Private Frontage: 1
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
High Speed Internet: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Gravel: 1
Substructure
Full: 1
Walk-Out Access: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit Description: Unit 1
SqFt: 1012
Occupied: No
Monthly Rent: 875
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit 2
SqFt: 1012
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Allegan
Street #: 103
Street Name: River
Suffix: Street
State: MI
Zip Code: 49010
Zip (4): 1146
OfficeContract Info
Status: Sold
Current Price: $206,000
List Price: $200,000
Listing Date: 2026-01-18
Remarks Misc
Directions: North on River off Grand St.
Property Features
Water Type: River
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full; Walk-Out Access
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Gravel
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None

IDX
Listing Office: Coldwell Banker Schmidt Realtors
Listing Agent: Brian J Clinger

Last Updated: March - 20 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.