Address
266 S Paw Paw Street, Coloma, MI
Price
$ 1,350,000
Property Attributes
  • ID#24012763
  • TypeMulti-Family
  • CountyBERRIEN
  • CityColoma
  • AreaColoma City
  • NeighborhoodColoma City
  • Zip49038
  • Style5+ Units
  • Year Built1970
  • Taxes$ 13216
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.63 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Welcome to a prime investment in the heart of Coloma! This 16-unit apartment building presents boundless potential for savvy investors. Boasting a strategic location and solid existing rents, seize the opportunity to maximize returns. Whether capitalizing on current rental income or enhancing units for increased gross rents, the possibilities are endless. Don't miss out on this chance to elevate your investment portfolio in a great market!

Price History
3/16/2024 Listed $1,350,000

General Features

Sewer Public Sewer
Heating Baseboard,Electric
Cooling Wall Unit(s)
Utilities Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Electric Connected
Roof Composition
Construction Materials Vinyl Siding
Year Built 1970
Tenant Pays Electric
Township Coloma City
Property SubType 5+ Units
Tax Year 2023
OwnerPays Trash Collection
County Berrien
New Construction No
Property Type Multi-Family
Attached Garage No
Status Active
Directions From exit 39 I-94 Drive north on S. Church St. Turn east on E. St. Joseph Street and North on S. Paw Paw. Apartments are on the left just past Dairy Queen.
ModificationTimestamp 2024-03-16T01:10:34Z
City Coloma
Buyer Agent Compensation 2.50
High School District Coloma
NumberOfUnitsTotal 16
MLS Area Southwestern Michigan - S
Lot Size Units Acres
Lot Size Square Feet 27279.0
Waterfront Y/N No
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 13216.0
Lease Renewal Y/N No
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N No
Rent Control Y/N No
Days on Market 95
Standard Status Active
Tax Assessed Value 168988
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Legal Description LOTS 19 & 20 TOWN OF COLOMA
Senior Community None

Interior Features

Basement Daylight
Total Fireplaces 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Electric On Property Y/N No

Exterior Features

Parking Features Asphalt,Driveway
Lot Features Level
Total Parking 30.0
Lot Size Area 0.63
Number of Buildings 2
Spa No
Lot Dimensions Irregular
Lot Size Acres 0.63
Road Surface Type Paved
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49038

Price
AVG $1.35M
$1.35M
Taxes
AVG $13,216
$13,216
Visits
AVG 345
345
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1970

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover