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5114 Paw Paw Lake Road,  Coloma MI, 49038

4,568 sqft
Status: Backup Offers
MLS#: 16024004
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Last Updated: 10/23/2016 9:53 PM
Description for 5114 Paw Paw Lake Road Coloma, MI 49038
6 Units for sale for $134,900 on 1.87 Acres! CASH FLOW PROPERTY! Do the math $22,500 per unit is a great price! Includes a 2 bedroom brick house with an attached garage & private fenced court yard. Also includes a comfortable stay alone studio cottage and a large 4-unit 2 story house with spacious units. Gross rents at about $2,475 a month. Tenants pay gas & general electric. Owner pays water, sewer and minor common electric. City sewer & well water. Plenty of parking. Do the math.... this is a money maker. Seller will consider a Land Contract with 35% down to a qualified buyer. Brick home built 1966, big house 1930 & cottage unknown per Twp. assessor. If you want to make money on rental income in nice neighborhood come check this out!
Coloma Twp
4,568 (approx)
Backup Offers
Listing Information
Property Type: Other
1.87 Acres 4,568 (approx) $29.53
1930 Slab
Coloma Twp
Crawl Space
Public Sewer, Existing Well
Electric, Natural Gas
School Information
District: Coloma
Room Information
Interior Features
Gas Heat, Forced Air
Exterior / Lot Features
20 Parking Spaces,
Garage, Level, Acreage
Driving Directions
From city of Coloma east on Paw Paw Lake Road to sign. Across from Paw Paw Lake.
Financial Considerations
Listing Price History

Coloma Real Estate

Coloma is located in Michigan. Coloma, Michigan 49038 has a population of 1,597.

The median household income in Coloma, Michigan 49038 is $40,846. The median household income for the surrounding county is $43,471 compared to the national median of $53,046. The median age of people living in Coloma 49038 is 35.9 years.

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Courtesy: Attila Real Estate Art Attila
The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 Michigan Regional Information Center, LLC. All rights reserved.
Information is deemed reliable but is not guaranteed.

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