6128 M 63 N
Coloma, MI 49038

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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