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    108 W State Street Colon, MI $ 245,000
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    $ 245,000 Get more info
    108 W State Street
    $ 245,000
    Back to search
    Share Save

    108 W State Street

    Colon, MI, 49040
    $ 245,000
    Baths0.0

    Monthly Estimate*

    $ 1,628

    108 W State Street, Colon, MI 49040 - Image 1
    Studio

    Multi-Family Home for sale in Colon, MI

    for $245,000. This home was built in 1900 on a lot size of 0.13.

    Here is a unique building with income potential. This versatile property features two full-rented 1-bedroom apartments on the second floor. Main level is spacious with conversion potential. It could easily be transformed into a third residential unit. Making this a good investment with owner living on main floor and have rental income from other units. Great location with endless possibilities, 2 - furnaces, 3- electrical boxes. City water and sewer. Don't miss this investment opportunity. Call for your showing today.

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    Multi-Family Active

    Price

    $ 245,000

    Bedrooms

    Studio

    Property Type

    Multi-Family

    Taxes

    $ 5,528

    Style

    2 to 4 Units

    Lot Size

    0.13

    Year Built

    1900

    Town/City

    Colon

    County/Region

    Saint Joseph

    MLS | Web ID

    25007247
    Features
    General
    Heating Forced Air
    Cooling Central Air
    Utilities Cable Available Electricity Connected
    Possession Subject To Tenant Rights
    Roof Slate
    Construction Materials Other
    Year Built 1900
    Tenant Pays Electric Gas
    Township Colon Vllg
    Property Subtype 2 to 4 Units
    Tax Year 2024
    Ownership Private Owned
    County St. Joseph
    New Construction N
    Property Type Multi Family
    Status Active
    Directions M86 east to Colon. At red light make a left and building is on right. On the corner of Blackstone & State
    City Colon
    High School District Colon
    Zoning Description Commercial
    Number Of Units Total 3
    MLS Area St. Joseph County - J
    Lot Size Units Acres
    Lot Size Square Feet 5520.0
    Waterfront Y/N N
    Electric On Property Y/N N
    Listing Terms FHA Cash Conventional
    Land Lease Y/N N
    Tax Annual Amount 5528.27
    Lease Renewal Y/N N
    MLS Area Minor St. Joseph County - J
    Additional Parcels Y/N N
    Rent Control Y/N N
    Standard Status Active
    Occupancy Type Tenant
    Tax Assessed Value 93378
    Legal Description Lot 1 Blk 1 Exc N 40ft orig plat vil of Colon
    Senior Community None
    Interior
    Basement Full
    Total Fireplaces 1
    Basement (Y/N) N
    Air Conditioning Y/N Y
    Heating Y/N Y
    Total Baths 0
    Exterior
    Total Parking 2.0
    Lot Size Area 0.13
    Number of Buildings 1
    Spa N
    Lot Dimensions 60 x 92
    Lot Size Acres 0.13
    Road Surface Type Paved
    Crops Included Y/N N
    Open Parking Y/N N
    Horse Y/N N
    Irrigation Water Rights Y/N N
    Internal Only
    Street Number 1 108
    * Excluded Features
    List By
    Re/Max Elite Group

    Broker

    kathyearl@remax.net

    Email

    Affordability Calculator

    $2,089
    Per Month
    78%
    22%
    0%
    Monthly Principal & Interest
    $1,628
    Monthly Property Taxes
    $461
    Monthly Home Insurance
    --
    Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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    Nearby
    249160 Elementary School
    249943 Middle School
    Unknown High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    4/18/2025$245,000 -1.96% Price Down
    3/24/2025$249,900 -3.85% Price Down
    3/7/2025$259,900 -7.15% Price Down
    2/28/2025$279,900 Listed Price

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    108 W State Street, Colon, MI, 49040 is a Multi-Family Home for sale at $245,000 with a lot size of 0.13. 108 W State Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49040 which is in Colon, MI

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