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please call., Coloma, MI 49038

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please call., Coloma, MI 49038
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Comments for please call., Coloma, MI 49038

Excellent investment opportunity, endless possibilities and deeded Paw Paw Lake access just steps away! Short term rentals (VRBO) are allowed, no permit needed but an inspection is required every 3 years. What a great beach town! This property currently rents as 5 units, all month to month. The main house has 2 rented units with an additional 6 bedrooms (all on the 2nd floor) blocked off, unutilized. Imagine how much more income potential there is! It could also be converted back to a single family home and you would still have 3 extra cottages to generate revenue. The 3 cottages can be parceled off with the addition of a well. There is also a wooded parcel of land adjacent to the main house that could be sold. Endless options! Close to restaurants, wineries and only 90 minutes to Chicago.

$449,000.00 Reduced $26,000 on September 28th, 2022

Estimated Monthly Payment: $2,418.81 (including taxes & insurance estimates)

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Property Details

City: ColomaProperty Type: Multi Unit - Multiple
Subdivision: Coloma SchoolLot Size: 1.31 Acres
School District: ColomaTaxes: $4,839
Status: ActiveSquare Feet: 5715
Year Built: 1920MLS#: 22035980

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Property Features

Property Type: Multi Unit - MultipleRoof Type: Composition
Available Utilities: Cable, Electric, Natural Gas, Public SewerSewer: Public
Days on Site: 41Substructure: Michigan Basement
Driveway: OtherTaxes: $4,839
Exterior: Aluminum Siding, Other, Vinyl SidingTenant Pays: Electric
Heating: Radiant, Wall FurnaceUnit 1 Features: Range Oven, Refrigerator
Home Style: 5+ UnitsUnit 2 Features: Range/Oven, Refrigerator
Lake Name: Paw Paw LakeUnit 3 Features: Range/Oven, Refrigerator
Lot Description: Corner LotUnit 4 Features: Deck/Patio, Refrigerator, W/D Hookup
Lot Dimensions: irrUnit 5 Features: Range/Oven, Refrigerator, W/D Hookup, Washer/Dryer
Lot Size: 1.31 AcresWater: Well
Owner Pays: Gas, Sewer, Trash Collection, WaterWater Features: All Sports, Deeded Access, Public Access 1 Mile or Less, Shared Frontage, View
Present Utilities: Cable, Electric, Natural GasYear Built: 1920

School Information

School District: Coloma

Listed By

Agency Name: Cressy & Everett Real Estate

Shown By

Agency Title: Russ Ravary
Agency Phone:

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2022 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 09/29/2022.