5114 Paw Paw Lake Road
Coloma, MI 49038

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.

Details

MLS#19006652
Sub-TypeResale
StatusActive
Year1930
Days On Site53

Features

SQ Feet4,568
Units6
Building(s)3

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Area Information

StateMI
CountyBerrien
CityColoma
Zip Code49038
AreaSouthwestern Michigan - S
Listing VS Median (in 49038)
Price:
$148,900
low | high
Med:
$146,950
51.309603760913% of Average
SqFt:
4,568
low | high
Med:
3,192
80.122591943958% of Average
$ / SqFt:
$33
low | high
Med:
$56
22.476723579375% of Average
On Site:
53
low | high
Med:
49.5
100% of Average
Listing Updated: 04/17/2019
MLS Number: 19006652
Listing Provided By:
Art Attila  of  Attila Real Estate
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