5651-5655 Paw Paw Lake Road
Coloma, MI 49038
MLS #15042371

Commercial
    $775,000
    Est. P&I payment: $2959.97/mo
    5651-5655 Paw Paw Lake Road, Coloma, MI 49038
    • 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 Photo 1
    • 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 Photo 2
    • 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 Photo 3
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    • 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 Photo 5
    • 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 Photo 6
    • 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 Photo 7
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    Description for 5651-5655 Paw Paw Lake Road, Coloma, MI 49038
    ATTENTION DEVELOPERS, INVESTORS! Positive cash flow, opportunity to continue this perfect investment. 12 units currently rented. Built for condo conversion in 3 brick/aluminum-sided buildings. Acreage allows for 5 additional buildings for additional profits. Each rental/condo unit 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. OWNER SAYS SELL - WANTS OFFERS!!
    MLS #15042371
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    My Notes for MLS #15042371

    General Features

    • Area: Southwestern Michigan - S
    • Below Grade: Basement
    • Lot Acres: 5.91
    • Lot Dimensions: 800 x
    • Lot Measurement: Acres
    • Lot Square Footage: 257,439
    • Number of Finished Bldg Lvls: 2
    • Property Sub-Type: Business Opportunity
    • Property Type: C
    • Total Number of Buildings: 3
    • Total SqFt: 9,570
    • Year Built: 1980

    Exterior Features

    • Driveway: Paved
    • Exterior Material: Aluminum,​Brick/Stone
    • Road Frontage: 800
    • Roofing: Comp Shingle

    Interior Features

    • Full Bathrooms: 10

    Utility Features

    • Air Conditioning: Central
    • Heat Source: Natural Gas
    • Heat Type: Forced Air
    • Sewer: Public
    • Utilities Attached: Electric,​Natural Gas
    • Utilities Available at Street: Electric,​Public Sewer,​Telephone
    • Water Type: Lake
    • Water: Well

    Financial Features

    • Annual Property Tax: 18,166
    • List Price/SqFt: 80.98
    • Purchase Terms Avail: Cash/Conventional
    • Tenant Pays All: Electric,​Gas
    • Unit 10: Price Per SqFt/Year: 0.00
    • Unit 11: Price Per SqFt/Year: 0.00
    • Unit 12: Price Per SqFt/Year: 0.00
    • Unit 1: Price Per SqFt/Year: 0.00
    • Unit 2: Price Per SqFt/Year: 0.00
    • Unit 3: Price Per SqFt/Year: 0.00
    • Unit 4: Price Per SqFt/Year: 0.00
    • Unit 5: Price Per SqFt/Year: 0.00
    • Unit 6: Price Per SqFt/Year: 0.00
    • Unit 7: Price Per SqFt/Year: 0.00
    • Unit 8: Price Per SqFt/Year: 0.00
    • Unit 9: Price Per SqFt/Year: 0.00

    School Features

    • School District: Coloma

    Miscellaneous Features

    • Business Includes: Real Estate
    • Construction Type: Block
    • New Construction: No
    • Uses: Other

    Location

     
    Street View Not Available
    Directions to 5651-5655 Paw Paw Lake Road, Coloma, MI 49038
    I-94 to Exit 39, north through town to Paw Paw Lake Rd to address
    Listing information for 5651-5655 Paw Paw Lake Road, Coloma, MI 49038 was graciously provided by our friends at the listing brokerage, Core Real Estate, Inc. and the listing agent, Earl Misch

    Get Financing for 5651-5655 Paw Paw Lake Road, Coloma, MI 49038

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    P&I Payment $2959.97
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Real Estate of Ludington's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Real Estate of Ludington, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    All information deemed reliable but not guaranteed. Copyright 2017 MichRIC, LLC All rights reserved.
    Last Updated 11/21/2017 at 5:56am
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