6128 Michigan 63 Coloma, MI 49038
Lake Michigan Beach NeighborhoodEstimated payment $3,350/month
Highlights
- Deeded Waterfront Access Rights
- 1 Fireplace
- Window Unit Cooling System
- Beach
- Corner Lot: Yes
- Forced Air Heating and Cooling System
About This Home
Unlock the potential of this proven income-producing property just minutes from the sparkling shores of Lake Michigan! Perfectly positioned along the scenic M 63 corridor, this versatile investment offers both short-term rental and medium-term rental success. A turnkey opportunity for any investor looking to step into a strong cash-flow property from day one.
Guests love the convenient location near local beaches, wineries, and Southwest Michigan's charming towns, making it an ideal getaway spot all year long. Whether you continue its current rental success or transform it into your own lake-area retreat, the possibilities are endless.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,056
Year Built
- Built in 1952
Lot Details
- 10,349 Sq Ft Lot
- Lot Dimensions are 166x125x150
- Corner Lot: Yes
Home Design
- Slab Foundation
- Composition Roof
- Vinyl Siding
Parking
- 8 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Baseboard Heating
- Well
- Septic Tank
- Cable TV Available
Additional Features
- 1 Fireplace
- Deeded Waterfront Access Rights
Community Details
Overview
- Property has a Home Owners Association
- $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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $535,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | First American Title | |
| Warranty Deed | $300,000 | First American Title | |
| Warranty Deed | $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: Southwestern Michigan Association of REALTORS®
MLS Number: 25039509
APN: 11-10-4540-0526-00-4
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