$740,000
$775,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
5651-5655 Paw Paw Lake Road Coloma Twp, MI 49038
12 Beds
5.91 Acres Lot
Key Details
Sold Price $740,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 69015042380
Sold Date 06/20/18
Bedrooms 12
Originating Board Southwestern Michigan Association of REALTORS
Year Built 1980
Annual Tax Amount $18,166
Lot Size 5.910 Acres
Acres 5.91
Lot Dimensions 800 x
Property Description
ATTENTION DEVELOPERS & INVESTORS! READY FOR CONDO CONVERSION. 12 units all currently leased, 3 brick, aluminum-sided buildings. 5+ ACRES allows for 5 additional buildings to be built, for additional profits. Each rental/condo has 2 bedrooms, 2 baths, gas fireplace, central air. Tenants enjoy in-ground pool, tennis courts, deck/patio, carport. All-sports Paw Paw Lake is nearby. Positive cash flow, great opportunity to continue this perfect investment. OWNER SAYS BRING OFFERS!!
Location
State MI
County Berrien
Area Coloma Twp
Direction I-94 to Exit 39, north through town to Paw Paw Lake Rd to address
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Tennis Court, Pool - Common
Garage Spaces 50.0
Waterfront no
Waterfront Description Lake Front
Water Access Desc All Sports Lake
Roof Type Composition
Road Frontage Paved
Garage no
Private Pool 1
Building
Sewer Sewer-Sanitary, Sewer at Street
Water Well-Existing
Structure Type Aluminum,Brick
Schools
School District Coloma
Others
Pets Allowed Yes
Tax ID 110800150008192
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Michigan Lake & Land LLC