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21
Photos
2
beds
2
baths
1,301
sqft
Built in
1930
Prime investment opportunity in Coloma, MI! Situated on a secluded 1-acre lot, this property features 2 homes: studio is currently rented for $1000/month and a larger house completely rebuilt with brand new electrical, plumbing, HVAC/AC, appliances, etc. Both have new roofs (within the last 4 years) and a brand-new well installed last year. Perfect for investors or those seeking a guest suite-Live in one and pay your mortgage with the rental income of the other. Large yard. Walking distance to Paw Paw Lake and only 1 mile to the boat launch.
Features & Amenities
Interior
- Appliances:
- Dishwasher, Dryer, Oven, Refrigerator, Range, Washer
- Laundry:
- Main level, Washer hookup
- A/C:
- Central air
- Heating:
- Baseboard, Electric, Forced air, Natural gas
Exterior
- General:
- Sheds
- Style:
- Ranch
- Parking:
- Gravel
Construction
- Roofing:
- Composition
- General:
- Vinyl siding, Slab
Location
- Road/Access:
- Private road
- Originating MLS:
- Southwestern Michigan Association of REALTORS
- School District:
- Coloma
- County:
- Berrien
Lot
- Zoning:
- COM 600' W & 337.56' S00DEG20'E OF CEN SEC 16 T3S R17W TH N89DEG59'E 142' TH S00DEG20'E 306' TH W 142' TH N00DEG20'E 306' TO POB, 0800160013046
Utilities
- Water:
- Well
- Sewer:
- Public Sewer
Financial
- Source:
- Southwestern Michigan Association of REALTORS
This listing courtesy of:
Jaqua REALTORS, Aubree Elise Butler
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Coloma, MI
Housing
- Number of Units
- 5,033
- Median Home Value
- $139,030
- Median Rent
- $671
23.92% of housing units are renter occupied.
24.99% are vacant.
Commute
- Car
-
81.86%
- Public Transportation
-
0.00%
- Walk to Work
-
1.71%
- Work from Home
-
15.23%
- Other
-
1.08%
The median travel time to work is 18 minutes.
People
- Population
- 8,968
- Median Age
- 43.70
- Median Household Size
- 2.69
Education
- High School
-
31.77%
- Associate’s Degree
-
10.50%
- Bachelor’s Degree
-
13.33%
- Graduate Degree
-
8.31%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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