Property Type:
Multi Family
Lot Size (sq. ft.):
10,349
Status:
Active Backup
Current Price:
$498,000
List Date:
8/06/2025
Last Modified:
2/09/2026
6128 M 63 N, Coloma, MI 49038
$498,000
Description
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.
More Information MLS# 25039509
Location & Property Info
Cross Streets: Superior and M63
Property Sub-Type: 2 to 4 Units
Area: Southwestern Michigan - S
Municipality: Hagar Twp
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 166x125x150
Financial Comments: Financials available upon request.
Road Frontage: 166
Waterfront: No
Basement: No
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 8
School District: Coloma
Lot Measurement: Acres
Lot Square Footage: 10349
Lot Acres: 0.24
Year Built: 1952
Tax Info
Taxable Value: 125472
SEV: 135500
For Tax Year: 2024
Seller's Annual Property Tax: 5056
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: Residential
Tax ID #: 11-10-4540-0526-00-4
Remarks & Misc
Public Remarks: 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.
Legal: THAT PT.OF LOTS 526 THRU 535, LAKE MICHIGAN BEACH, LYING W.OF HWY. US 31.
Waterfront Options
Water Access Y/N: Yes
Water Type
Lake: 1
Water Fea. Amenities
Assoc Access: 1
Deeded Access: 1
Public Access 1 Mile or Less: 1
Lot Description
Corner Lot: 1
Income and Expenses
Annual Insurance: 2056
Annual Maintenance: 335
Annual Mgmt. Fees: 2097.18
Annual Utilities: 2707.36
Gross Op. Inc.: 33967.5
Net Operating Income: 20073
Operating Expense: 13894.51
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Association Info.
Approx. Assoc Fee: 425
Assoc. Buy in Fee: 250
Assoc. Fee Payable: Annually
Laundry Features
Common Area: 1
Assoc. Amenities
Beach Area: 1
Exterior Material
Block: 1
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Forced Air: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Unpaved: 1
Substructure
Slab: 1
Owner Pays
Electricity: 1
Unit 1
Unit #: 1
Unit Description: UNIT 1 - 1 BEDROOM
SqFt: 465
Occupied: Yes
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: UNIT 2 - 2 BEDROOM
SqFt: 678
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: UNIT 3 - 4 BEDROOM
SqFt: 1593
Occupied: Yes
Monthly Rent: 0
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Refrigerator: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Berrien
Street #: 6128
Street Name: M 63
Post Direction: N
State: MI
Zip Code: 49038
Zip (4): 8405
OfficeContract Info
Status: Active Backup
Current Price: $498,000
List Price: $498,000
Listing Date: 2025-08-06
Remarks Misc
Directions: M 63 North. On left side of road before Dollar General past the Hagar Beach
Property Features
Laundry Features: Common Area
Water Type: Lake
Exterior Material: Block; Vinyl Siding
Roofing: Composition
Substructure: Slab
Lot Description: Corner Lot
Sewer: Septic Tank
Water: Well
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available
Owner Pays: Electricity
Tenant Pays: None
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Forced Air
Air Conditioning: Central Air; Window Unit(s)
Driveway: Unpaved
Street Type: Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Central Air; Deck/Patio; Dishwasher; Refrigerator
Listing Office:
CK Home Group
Listing Agent:
Catherine Waggoner
Last Updated: February - 09 - 2026
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