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5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
5358 Paw Paw Lake Road
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Courtesy of Lane Moser, Ellsbury Group
$999,000

5358 Paw Paw Lake Road

6 Beds 6 Baths 2,508 Sq.Ft. 0.52 Acres

Description

Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, conveniently located 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. This property offers a rare combination of investment potential and personal enjoyment. Continue operating it as a proven income-producing rental property or create a private family compound where everyone has their own space while staying together. Owners can enjoy the property throughout the year and rent the cabins when they're not in use, making it an ideal opportunity for those looking to offset ownership costs while building long-term value. A proven income producer, the property operates as short-term rentals during the summer season and transitions to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. With an established rental history and consistent performance, this is a stabilized asset offering immediate cash flow and future upside. The quality of construction is immediately apparent throughout the property. Exceptional craftsmanship is evident in every cabin, with no corners cut during construction or subsequent improvements. Whether you're looking to expand your investment portfolio or own a one-of-a-kind property near Paw Paw Lake with flexible use and strong income potential, opportunities like this are few and far between.

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Location

5358 Paw Paw Lake Road, Coloma, MI 49038

Status

For Sale

Property Amenities

Interior
Laundry room Common Area, Main Level
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Carpet, Tile, Wood
Total Bedrooms: 6
Full Bathrooms: 6
Other Interior Features Ceiling Fan(s)
Area & Lot
Total area 3,460 Sq.Ft.
Lot Area 0.52 Acres
Living area 2,508 Sq.Ft.
MLS® ID 26038543
Year Built 1935
School District Coloma
Water Frontage Lake
Architecture Styles Cabin
Type Residential
Status For Sale
Exterior
Stories 1
Air conditioning Central Air, Ductless, Window Unit(s)
Heat type Ductless, Heat Pump, Space Heater
Water Source Well
Sewer Public
Roof Metal
Utilities Natural Gas Connected
Finance
Sales Price $999,000
Real Estate Tax $8,023 yearly
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Schedule a Showing

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Thank you for your interest in 5358 Paw Paw Lake Road, Coloma, MI 49038. We are reviewing your request and will be in touch shortly!

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Work With Us

Don't miss out on the unparalleled expertise and personalized service offered by Chad Gradowski and the ChooseChad Team. Whether you're buying or selling a home, trust the #1 Real Estate Agent in Southwest Michigan to guide you towards success. Contact Chad today to make your real estate goals a reality.