$145,000
$148,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
5114 Paw Paw Lake Road Coloma, MI 49038
1.87 Acres Lot
Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19006652
Year Built 1930
Annual Tax Amount $3,189
Tax Year 2018
Lot Size 1.870 Acres
Property Description
Six units for sale for $148,900 on 1.87 acres! This property will cash flow and make you money. This works out to $24,800 / unit, which is a great price! This property consists of a nice 2 bedroom brick house with an attached garage, a stand alone cottage, and a 2 story 4 unit house with large, spacious units. Tenants pay gas & their own electric. Owners pay water, sewer, trash, and minor common electric costs. Property is serviced by city sewer & well water. Plenty of on-site parking. This property has a good history and grosses over $2,500 a month in rent. If you are serious about making money with income producing real estate, you should see this property.
Location
State MI
County Berrien
Area Southwestern Michigan - S
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 3
Exterior
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Structure Type Aluminum Siding, Wood Siding, Brick
New Construction No
Schools
School District Coloma
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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