266 S Paw Paw Street Coloma, MI ^$ 1,350,000

266 S Paw Paw Street

^$ 1,350,000

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266 S Paw Paw Street

Coloma, MI, 49038

^$ 1,350,000

Studio Baths0.0

Monthly Estimate*

^$ 9,430

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Studio

Multi-Family Home for sale in Coloma, MI

for $1,350,000. This home was built in 1970 on a lot size of 0.63.

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!

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 13,216

Style

Lot Size

0.63

Year Built

1970

Town/City

Coloma

County/Region

Berrien

MLS | Web ID

70395225

Features

General

Heating Baseboard

Water Public Water

Status Active Active

Year Built 1970

County Berrien

Class MULTIFAMILY

Type Multi-Family

Municipality Coloma

Subdivision MI

Area Coloma (11029)

Primary City Coloma

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.

City Coloma

School District Coloma Community Schools

Street Name Paw Paw

Financial Terms Cash Conventional

Legal Description LOTS 19 & 20 TOWN OF COLOMA

DOM 39

Postal Code 49038

Coming Soon 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

Interior

Basement Egress/Daylight Windows

Total Number of Units 16

Fuel Type Electric

Exterior

Exterior Vinyl Siding

Frontage 185

Lot Size Area 0.63

Lot Dimensions Irregular

Roads City/County Paved Street

Waterfront Y/N No

* Excluded Features

List By

Matt Sieber

Listing Agent

Realty Executives Instant Equity

Broker

mattsieber.realestate@gmail.com

Affordability Calculator

$10,531

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: $1,101
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Coloma, MI

Average List Price ^$822,633

Percent of Sale Price 39%

About Coloma, MI

1,332 Population

-5% Since 2002

^$45,855 Median Income

41.31 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3262554 Elementary School

3262555 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$1,350,000		Listed Price

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266 S Paw Paw Street, Coloma, MI, 49038 is a Multi-Family Home for sale at $1,350,000 with a lot size of 0.63. 266 S Paw Paw Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 49038 which is in Coloma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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266 S Paw Paw Street

Multi-Family Home for sale in Coloma, MI

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