For sale

5358 Paw Paw Lake Road
Coloma, MI 49038

$999,000

Bathrooms
6
Finished sq ft
3,460
Lot
1.00 acres
Year built
1935
Property type
Business Opportunity
County
Berrien
MLS #
26036891
Days on market
113

About this home

Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance.