For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Coloma Twp
MLS Listing ID 21115141
Sold Date 12/17/21
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1930
Annual Tax Amount $2,756
Tax Year 2021
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 424.3x260x335.5
Property Description
A total of NINE rental units on a one acre parcel very near Paw Paw Lake. Consisting of 6 single family units, 1 single family 1,127 sf home and 1 duplex. 6 units are 2 bedrooms, 1 bath and includes stove & refrigerator. 3 units are 1 bdrm, 1 bath. All units have upgraded 100 and 200 amp electric and municipal water and sewer. Owner pays water, sewer and trash. Tenants pay their own electric. Plenty of on site parking and less than 1 mile to Paw Paw Lake access and boat launch. A great opportunity awaits with this income producing property with excellent rental history and 100% occupancy.
Location
State MI
County Berrien
Area Southwestern Michigan - S
Direction I-94 to Coloma exit 39. Go north thru downtown Coloma and follow Paw Paw Lake Road to the property.
Body of Water Paw Paw Lake
Rooms
Basement Crawl Space, Partial
Interior
Heating Hot Water, Baseboard, Electric
Fireplaces Number 8
Exterior
Community Features Lake
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 15
Building
Sewer Public Sewer
Structure Type Aluminum Siding, Vinyl Siding
New Construction No
Schools
School District Coloma
Others
Tax ID 11-08-0016-0003-02-4
Acceptable Financing Cash, Conventional, Tax Def Exchange
Listing Terms Cash, Conventional, Tax Def Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP