About This Home
This 4-bedroom, 0-bathroom residential multi family at 157 Elvern Drive in Coloma, MI is listed for $274,000. Built in 1962, on a 0.35 acres lot.
Key Features
- Built in 1962
- 0.35 acre lot
- 4 parking spaces
Property Details
Amenities
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!
Monthly Cost Estimate
$1,465/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
157 Elvern Drive
Coloma, MI 49038
Property Details
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 0-bathroom residential multi family at 157 Elvern Drive is listed at $274,000. The estimated monthly payment is $1,465 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1962, 0.35 acre lot, 4 parking spaces.
This property is listed by Anissa K DeSanctis and can be reached at 2693258077.


