157 Elvern Drive, Coloma, MI 49038

$280,000

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List Price
$280,000
Days on Market
2
MLS#
26042326
Status
ACTIVE
Type
Multifamily

Property Description

Fantastic investment opportunity in a quiet, quaint Coloma neighborhood! This well-maintained all-brick duplex offers an ideal location just minutes from downtown, I-94, inland lakes, and beautiful Lake Michigan. Both identical units feature 2 bedrooms, 1 full bath, a kitchen, comfortable living room, and convenient laundry/utility room. Each unit also includes its own detached one-car garage and a spacious, private backyard. Unit 155 features newer carpeting, while each bath has been nicely updated. The roof, furnaces, and water heaters are newer and in good condition. Both units are currently occupied with dream tenants that are quiet and timely with payments. Both are currently leased for 1 year with the seller. Unit 155 currently pays $1,230/month and is responsible for gas, electric, trash, and water. Unit 157 currently pays $1,200/month and is responsible for gas and electric, while the seller currently provides trash and cable. Seller-owned furnishings will convey with the sale. This is virtually a no maintenance 2-unit! Short term rentals are an option in city of Coloma, offering flexibility for investors. See attached documents for additional information. Don't miss this opportunity to own a solid duplex in a desirable location—come take a look!

Additional Information

Owner Pays
Trash Collection, None
Taxes
$5,751
Acres
0.35
Basement
Slab
Heating
Forced Air
Roofing
Composition
School District
Coloma
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
4
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anissa K DeSanctis from Listing Office: Coldwell Banker Anchor R.E..

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