$145,000
$148,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
1.87 Acres Lot
SOLD DATE : 08/26/2019
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
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Pool No
Roof Type Composition
Road Frontage Paved
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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