7976 Central Avenue, Coloma, MI 49038
- $929,000
- List Price
- $929,000
- Days on Market
- 7
- MLS#
- 26050581
- Status
- ACTIVE
- Type
- Multifamily
Property Description
OPEN HOUSE Sun., Oct. 4 from 2 to 4 pm. Primary residence, long-term rental, STR . . . this remarkable 1.3 acre property has it ALL! With deeded access and just steps away from Paw Paw Lake, this spacious corner property originally operated as a hotel. It offers a rare combination of investment potential and personal enjoyment making it an ideal opportunity for those looking to offset ownership costs while building long-term value. The main building includes a beautifully renovated fully-furnished 2-bedroom, 1-bath STR as well as an exceptionally remodeled 8-bedroom, 3.5-bath residence featuring stunning finishes throughout. From the moment you enter, it is clear that every detail has been thoughtfully designed and impeccably completed. In addition to all the amazing renovations, there is a new roof and new gutters in 2025 and a new well pump and new electrical box in 2024. The property also includes three additional residences. One is a gorgeously remodeled and fully furnished 2-bedroom, 1-bath home, while the other is a 1-bedroom, 1-bath unit. Both are currently occupied by month-to-month tenants. Opportunities like this are truly few and far between! A final building is also located on the property but had foundation issues in 2024 (foundation reinforced in 2025) and may not be toured any further than the kitchen for safety reasons.
Additional Information
- Owner Pays
- Gas, Sewer, Trash Collection, Water
- Taxes
- $8,247
- Acres
- 1.31
- Basement
- Michigan Basement
- Body of Water
- Paw Paw Lake
- Heating
- Baseboard, Hot Water, Radiant
- Roofing
- Other, Composition
- School District
- Coloma
- Sewer
- Public Sewer
- Tenant Pays
- Electricity
- Total Parking Spaces
- 10
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water Features
- Lake Front
- Water
- Well
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Listing courtesy of Listing Agent: Wendy Morauske from Listing Office: Coldwell Banker Anchor R.E..
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