Additional details

Allen Team

allenteamsells@gmail.com +1(734) 564-3330

$1,125,000

Est. payment - /mo

6 Beds

6 Baths

3,460 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $325

MLS Listing ID 69026038543

Bedrooms 6

Full Baths 6

Year Built 1935

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type SingleFamilyResidence

Property Description

Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, conveniently located just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. This property offers a rare combination of investment potential and personal enjoyment. Continue operating it as a proven income-producing rental property or create a private family compound where everyone has their own space while staying together. Owners can enjoy the property throughout the year and rent the cabins when they're not in use, making it an ideal opportunity for those looking to offset ownership costs while building long-term value. A proven income producer, the property operates as short-term rentals during the summer season and transitions to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. With an established rental history and consistent performance, this is a stabilized asset offering immediate cash flow and future upside. The quality of construction is immediately apparent throughout the property. Exceptional craftsmanship is evident in every cabin, with no corners cut during construction or subsequent improvements. Whether you're looking to expand your investment portfolio or own a one-of-a-kind property near Paw Paw Lake with flexible use and strong income potential, opportunities like this are few and far between.

Location

State MI

County Berrien

Area Area94021Colomatwp

Rooms

Main Level BathFull

Interior

Heating Ductless, Electric, Heat Pump, Natural Gas, Space Heater

Cooling Ceiling Fans, Central Air, Ductless, Window Units

Flooring Carpet, Tile, Wood

Fireplaces Number 7

Fireplace Yes

Laundry CommonArea, MainLevel

Exterior

Parking Features Asphalt, SharedDriveway

Utilities Available NaturalGasConnected

Waterfront Description AllSportsLake, Lake, PublicLake, WaterAccessRights

View Y/N Yes

View Water

Roof Type Metal

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Well

New Construction No

Schools

School District Coloma

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Lane Moser of Ellsbury Group

Nearby School & Business

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Allen Team

+1(734) 564-3330

Agent | License ID: 65001357867

Agent License ID: 65001357867

5358 Paw Paw Lake RD Coloma Twp, MI 49038

Allen Team

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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