157 Elvern Drive
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!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $274,000 |
| No. of Units: | 2 |
| Year Built: | 1962 |
| Opportunity Zone: | No |
| Price per unit: | $137,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 0 |
ID: 3yd-GRARMI-26042326
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