$498,000 For Sale

6128 M 63 N
Coloma, MI 49038

3 units | Multi Family Home
10350 sq ft lot - MLS# 25039509
Property Photo
1/37

Description

Turnkey Investment Near Lake Michigan! Unlock the potential of this proven income-producing property located along the scenic M-63 corridor—just minutes from the beaches of Lake Michigan. This versatile Southwest Michigan investment property has a strong track record as both a short-term and medium-term rental, delivering consistent cash flow from day one. Guests love the convenient location near local wineries, beaches, and charming Harbor Country towns, making it a year-round favorite. Whether you continue its profitable rental success or create your own Lake Michigan retreat, this turnkey opportunity offers endless possibilities for growth and relaxation.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Active
  • County/Area: Berrien County
  • Zip Code: 49038
  • Year Built: 1952
  • School District: Coloma
  • Units: 3 units
  • Basement: Slab
  • # of Parking Spaces: 8
  • Lot Size: 10350 sq ft lot
  • Waterfront: Lake Front
  • Annual Utilities: 2707.36
  • Approx Assoc Fee 2: 425
  • Assoc Buyin Fee: 250
  • Assoc Fee Payable: Annually
  • Association: Yes
  • Association Amenities: Beach Area
  • Basement Type: No
  • Construction Materials: Block, Vinyl Siding
  • Cooling: Central Air, Window Unit(s)
  • Cross Street: Superior and M63
  • Directions: M 63 North. On left side of road before Dollar General past the Hagar Beach
  • Driveway: Unpaved
  • Gross Income: 33967.5
  • Heat Source: Electric, Natural Gas
  • Heat Type: Baseboard, Forced Air
  • Heating: Baseboard, Forced Air
  • Insurance Expense: 2056
  • Laundry Features: Common Area
  • Lot Description: Corner Lot
  • Lot Features: Corner Lot
  • Lot Size Area: 0.24
  • Lot Size Square Feet: 10349
  • Lot Size Units: Square Feet
  • MLS Area Major: Southwestern Michigan - S
  • MLS Area Minor: Southwestern Michigan - S
  • Main Type: Multi Family
  • Maintenance Expense: 335
  • Manager Expense: 2097.18
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 3
  • Operating Expense: 13894.51
  • Owner Pays: Electricity
  • Parcel Number: 11-10-4540-0526-00-4
  • Parking Features: Unpaved
  • Possession: Subject To Tenant Rights
  • Road Frontage: 166
  • Roof: Composition
  • SEV: 135500
  • Sewer: Septic Tank
  • Spec Assessment Ty: none known
  • Street Type: Public
  • Tax Annual Amount: 5056
  • Tax Legal Description: THAT PT.OF LOTS 526 THRU 535, LAKE MICHIGAN BEACH, LYING W.OF HWY. US 31.
  • Tax Year: 2024
  • Terms Available: Cash, Conventional
  • Township: Hagar Twp
  • Util Availat Street: Cable Available, Electricity Available, Natural Gas Available
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
  • Water Access: Yes
  • Water Source: Well
  • Zoning Description: Residential
Courtesy of Catherine Waggoner, CK Home Group
Source: Michigan Regional Information Center (MichRIC)
Real Estate Websites by | Admin Menu