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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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157 Elvern Dr , Coloma, MI 49038
$274,000
Est. Payment: $608.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 33
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House 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!

Highlights

Listed by Anissa K DeSanctis , 269-325-8077 Coldwell Banker Anchor R.E. , 269-983-0011.

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1962

County

Berrien

School District

Coloma

Listing ID

26042326

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Basement:Slab

Exterior Features

Lot:Level
Garage Capacity:4
Roof:Composition
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$609
Taxes
$479

Home Price

$274,000

Loan Details

30 yrs
%

Down Payment

20%
$54,800
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Monthly Price:
$608.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $608.89 $479.25 $0.00 $1,088.14
Yearly $7,306.67 $5,751.00 $0.00 $13,057.67
Total $219,200.00 $172,530.00 $0.00 $391,730.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Coloma, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.