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.
Multi-familyProperty Type
1930Year Built
1.87 acresLot Size
$32Price/Sq.Ft.
20 spacesParking
Listed by Art Attila• ERA Reardon Realty
Bought with Claudia M Kelleher, MBA Kelleher• Cressy & Everett Real Estate
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.
REALCOMP #69019006652
Aug 26, 2019
Sold
$145,000
$32/sq ft
Feb 25, 2019
Listed
$148,900
$33/sq ft
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.
SW Michigan MLS #16024004
Nov 10, 2016
Sold
$125,000
$27/sq ft
Nov 9, 2016
Pending
—
Oct 7, 2016
Contingent
—
May 18, 2016
Listed
$134,900
$30/sq ft
REALCOMP #69016024004
Nov 10, 2016
Sold
$125,000
$27/sq ft
May 17, 2016
Listed
$134,900
$30/sq ft
SW Michigan MLS #2537175
Sep 15, 2014
Listing Removed
—
Aug 30, 2005
Listed
$269,900
$59/sq ft
SW Michigan MLS #11017081
Jun 30, 2011
Sold
$52,500
$11/sq ft
Apr 1, 2011
Listed
$89,900
$20/sq ft
SW Michigan MLS #9914990
Dec 2, 1999
Sold
$134,900
$30/sq ft
Jun 7, 1999
Listed
$134,900
$30/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Berrien County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 9, 2023.
Property details
Parking
Parking Information
Parking Total: 20
Interior
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas
Room Information
Basement: Crawl Space, Michigan Basement, Slab
Multi-Unit Information
# Of Units Total: 6
Exterior
Building Information
Construction Materials: Aluminum Siding, Wood Siding, Brick
Exterior Features
Year Built: 1930
Roof: Composition
Land Information
Road Surface Type: Paved
Lot Information
Lot Size Acres: 1.87
Lot Size Area: 1.87
Lot Size Units: Acres
Property Information
Property Type: Multi-Family
Property Sub Type: 5+ Units
Number Of Buildings: 3
Financial
Tax Information
Tax Year: 2018
Tax Annual Amount: $3,189
Tax Assessed Value: $59,000
Utilities
Utility Information
Sewer: Public Sewer
Location
School Information
High School District: Coloma
Location Information
Directions: From Coloma City take Paw Paw lake Road east to the property. Across the street from the lake.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Berrien County
APN: —
Home facts updated by county records on Apr 9, 2023
Other
Documents & Disclosures
Documents Available: Aerial Photo
Around this home
Schools
K - 12
Preschool & daycare
Coloma Elementary School
Public PreK-3 • Assigned • 1.4mi
3/10
Coloma Junior High School
Public 6-8 • Assigned • 2.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Coloma, MI • 49038
Average low and high temperatures (°F)
30
19
35
23
52
33
60
41
65
47
78
61
82
66
79
61
76
55
65
47
50
38
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.