5358 Paw Paw Lake Road Coloma, MI 49038

Building Details

Year Built

1935

Listing agency Ellsbury Group l***@ellsburygroup.com Show Phone

Listed by Lane Moser · License #6501433695 Show Phone

Source Phgrealty

Added: Jul 17 Updated: Jul 22 at 10:35AM Checked: Jul 22 at 10:35AM

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Investment Insights

Based on property information with market context.

This for-sale residential income property features seven cabins constructed on approximately one acre across two parcels. The mix includes three 2-bedroom, 1-bath cabins and three 1-bedroom, 1-bath cabins, all currently operating as rentals. A seventh cabin is being converted into a dedicated office and on-site laundry facility intended to support streamlined operations for ownership.

The cabins are located on 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property is described as operating as short-term rentals during the summer season and transitioning to longer-term rentals during the off-season.

According to the provided information, the property has an established rental history and is generating approximately $150,000 in annual gross rental income. The owners have invested in updates including heating and cooling system improvements, driveway paving, and renovations to the office and laundry center cabin.

Key Highlights

• Seven‑cabin property built in 1935 on approximately 1 acre across two parcels (5354 and 5358 Paw Paw Lake Road).
• Cabin mix includes three 2‑bed, 1‑bath units and three 1‑bed, 1‑bath units operating as rentals.
• Seventh cabin is being converted into an office and on‑site laundry facility to support day‑to‑day operations.

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FAQs

What type of property is this?

Short term rental property - Seven cabins on roughly one acre across two parcels, including on-site office and laundry facility conversion.

Where is this short term rental property located?

The property is located at 5358 Paw Paw Lake Road Coloma, MI.

What is the asking price?

The asking price for this property is $1,125,000.

What are key features of this property?

This property features: Seven‑cabin property built in 1935 on approximately 1 acre across two parcels (5354 and 5358 Paw Paw Lake Road).; Cabin mix includes three 2‑bed, 1‑bath units and three 1‑bed, 1‑bath units operating as rentals.; Seventh cabin is being converted into an office and on‑site laundry facility to support day‑to‑day operations.