Coloma Twp, MI 49038,5114 Paw Paw Lake Road
$145,000
$148,900
2.6%
Est.Price: ?

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5 BD
1.87 Acres Lot

5114 Paw Paw Lake Road Coloma Twp, MI 49038

Est. payment /mo
SOLD DATE : 08/26/2019

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Key Details

Sold Price $145,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 69019006652

Sold Date 08/26/19

Bedrooms 5

Originating Board Southwestern Michigan Association of REALTORS

Year Built 1930

Annual Tax Amount $3,189

Lot Size 1.870 Acres

Acres 1.87

Lot Dimensions irregular

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 Coloma Twp

Direction From Coloma City take Paw Paw lake Road east to the property. Across the street from the lake.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 20.0

Waterfront no

Roof Type Composition

Road Frontage Paved

Garage no

Building

Foundation Crawl, Slab, Michigan Basement

Sewer Sewer-Sanitary

Water Well-Existing

Structure Type Aluminum,Brick,Wood

Schools

School District Coloma

Others

Pets Allowed Yes

Tax ID 110800160013127

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Art Attila of ERA Reardon Realty
Bought with Cressy & Everett Real Estate

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Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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