6128 M 63 N Coloma, MI 49038
Lake Michigan Beach NeighborhoodEstimated payment $3,021/month
Highlights
- Lake Front
- Water Access
- Forced Air Heating and Cooling System
- Beach
- Corner Lot
- Baseboard Heating
About This Home
Turnkey Investment Near Lake Michigan!
Unlock the potential of this proven income-producing property located along the scenic M-63 corridor—just minutes from the beaches of Lake Michigan. This versatile Southwest Michigan investment property has a strong track record as both a short-term and medium-term rental, delivering consistent cash flow from day one. Guests love the convenient location near local wineries, beaches, and charming Harbor Country towns, making it a year-round favorite. Whether you continue its profitable rental success or create your own Lake Michigan retreat, this turnkey opportunity offers endless possibilities for growth and relaxation.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $5,056
Year Built
- Built in 1952
Lot Details
- 10,349 Sq Ft Lot
- Lot Dimensions are 166x125x150
- Lake Front
- Corner Lot
HOA Fees
- $35 Monthly HOA Fees
Home Design
- Slab Foundation
- Composition Roof
- Vinyl Siding
Parking
- 8 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Outdoor Features
- Water Access
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Baseboard Heating
- Well
- Septic Tank
- Cable TV Available
Community Details
Overview
- $250 HOA Transfer Fee
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Beach
Building Details
- Insurance Expense $2,056
- Maintenance Expense $335
- Manager Expense $2,097
- Utility Expense $2,707
- Operating Expense $13,895
- Gross Income $33,968
- Net Operating Income $20,073
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,056 | $135,500 | $0 | $0 |
| 2024 | $1,324 | $121,700 | $0 | $0 |
| 2023 | $1,280 | $119,200 | $0 | $0 |
| 2022 | $1,219 | $112,100 | $0 | $0 |
| 2021 | $2,177 | $68,400 | $12,200 | $56,200 |
| 2020 | $2,149 | $50,600 | $0 | $0 |
| 2019 | $2,153 | $50,400 | $0 | $0 |
| 2018 | $2,700 | $63,200 | $0 | $0 |
| 2017 | $2,586 | $62,700 | $0 | $0 |
| 2016 | $2,806 | $70,100 | $0 | $0 |
| 2015 | $2,778 | $68,400 | $0 | $0 |
| 2014 | $786 | $76,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2025 12/22/25 | Price Changed | $498,000 | -6.9% | -- | |
| 08/06/2025 08/06/25 | For Sale | $535,000 | +78.3% | -- | |
| 10/18/2021 10/18/21 | Sold | $300,000 | -2.9% | -- | View Prior Sale |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- | |
| 08/06/2021 08/06/21 | For Sale | $309,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | First American Title | |
| Warranty Deed | $300,000 | First American Title | |
| Warranty Deed | $300,000 | First American Title | |
| Warranty Deed | $101,000 | Multiple | |
| Land Contract | -- | Multiple | |
| Warranty Deed | $99,080 | None Available | |
| Land Contract | -- | -- | |
| Deed | -- | -- | |
| Deed | $34,000 | -- | |
| Deed | $1,800 | -- | |
| Deed | $33,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional | |
| Closed | $225,000 | New Conventional | |
| Previous Owner | $85,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Commercial |
Source: MichRIC
MLS Number: 25039509
APN: 11-10-4540-0526-00-4
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.