$685,000
Paw Paw, MI 49079
MLS# 22037470
Status: Sold
1 / 20
Property Description
Wonderful opportunity to own this 10-unit apartment house on Maple Lake! Always rented. Only one unit vacant when listed. The owners have remodeled or refreshed each unit as people move out and before new tenants come in. There is a view of Maple Lake from almost every unit! This property is serviced by a water well and is on public sewer. There is coin operated laundry in the tenant accessible utility room. The roof was replaced about 15 years ago; well about 8 years ago. There is hot water passive heat system and wall unit air conditioners. Great rental history! 9/12/22 Sellers made an error on the SD and will revise ASAP.
Details
Documents
Location & Property Info
Cross Streets: 52nd Ave & 51st Ave
Property Sub-Type: 5+ Units
Area: Greater Kalamazoo - K
Municipality: Paw Paw Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 131.68
General Property Info
New Construction: No
Lot Dimensions: 175 X134 X 60 X 154 X 85
Road Frontage: 175
Waterfront: Yes
Body of Water: Maple Lake
Basement: No
Total # Units: 10
# of Diff Unit Floor Plans: 10
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 5612
Total Parking Spaces: 10
School District: Paw Paw
Lot Measurement: Acres
Lot Square Footage: 21780
Lot Acres: 0.5
Year Built: 1972
Tax Info
Taxable Value: 162366
SEV: 167800
For Tax Year: 2021
Seller's Annual Property Tax: 8635
Tax Year: 2021
Homestead %: 0
Spec Assessment & Ty: paid on tax bill
Zoning: res
Tax ID #: 80-14-400-058-01
Remarks & Misc
Public Remarks: Wonderful opportunity to own this 10-unit apartment house on Maple Lake! Always rented.
Only one unit vacant when listed. The owners have remodeled or refreshed each unit as people move out and before new tenants come in. There is a view of Maple Lake from almost every unit! This property is serviced by a water well and is on public sewer. There is coin operated laundry in the tenant accessible utility room. The roof was replaced about 15 years ago; well about 8 years ago. There is hot water passive heat system and wall unit air conditioners. Great rental history! 9/12/22 Sellers made an error on the SD and will revise ASAP.
Legal: 588 12-3-14 878-735 1322-76 1329-397 1416-493 LOT 28. ALSO BEG AT NWLY COR OF LOT 28, TH S ALG E L OF 3550TH ST 175.77', TH E 134.76' TO MAPLE LK, TH NLY ALG SD LAKE TO SLY L OF LOT 27, TH N54'20''W ALG SLY L OF LOTS 27&28 207' TO BEG. FLOAK & MCEACHRON'S LAKE FOREST SUB. COMBINATION OF: 80-14-400-028-00 AND 80-14-400-058-00.
Status Change Info
Sold Price/SqFt: 122.06
Under Contract Date: 2023-03-13
Sold Date: 2023-03-14
Sold Price: $685,000
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 60
Water Type
Lake: 1
Water Fea. Amenities
Private Frontage: 1
View: 1
Lot Description
Level: 1
Wooded: 1
Income and Expenses
Annual Insurance: 2184
Annual Maintenance: 1150
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
Rural Development: 1
Tax Def Exchange: 1
Exterior Material
Brick: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Paved: 1
Substructure
Slab: 1
Extras
Laundry Facility: 1
Sep Electric Meter: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: north half
SqFt: 450
Occupied: Yes
Monthly Rent: 835
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: north half
SqFt: 450
Occupied: No
Monthly Rent: 795
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: north half
Occupied: Yes
Monthly Rent: 780
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: north half
Occupied: Yes
Monthly Rent: 645
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 5
Unit #: 5
Unit Description: north half
Occupied: Yes
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 6
Unit #: 6
Unit Description: south half
Occupied: Yes
Monthly Rent: 845
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 7
Unit #: 7
Unit Description: south half
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Refrigerator: 1
Monthly Rent: 600
Range/Oven: 1
Unit 8
Unit #: 8
Unit Description: south half
Occupied: Yes
Monthly Rent: 655
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 9
Unit #: 9
Unit Description: south half
Occupied: Yes
Monthly Rent: 710
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 10
Unit #: 10
Unit Description: south half
Occupied: No
Monthly Rent: 710
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
A/C Unit: 1
Range/Oven: 1
Refriderator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Van Buren
Street #: 52715
Street Name: 35 1/2
Suffix: Street
State: MI
Zip Code: 49079
Zip (4): 9680
OfficeContract Info
Status: Sold
Current Price: $685,000
List Price: $739,000
Listing Date: 2022-08-30
Remarks Misc
Directions: From M 40 Hwy, 51st Ave to 35 1/2 St then south to building. ( NO sign ) From Hazen St. take Lake St. ( 52nd Ave ) to 35 1/2 St.
Property Features
Water Type: Lake
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Slab
Lot Description: Level; Wooded
Sewer: Public Sewer
Water: Well
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer
Extras: Laundry Facility; Sep Electric Meter
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA; MSHDA; Rural Development; Tax Def Exchange
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Range Oven; Refrigerator
Unit 2: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; Refrigerator
Unit 4: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Unit 5: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Unit 6: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Unit 7: Refrigerator; Range/Oven
Unit 8: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Unit 9: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Unit 10: Deck/Patio; A/C Unit; Range/Oven; Refriderator
seller disclosure and lead paint disc 
Listing Office: Golden Star Realty, Inc.
Listing Agent: Barbara R Carpenter
Last Updated: June - 19 - 2026
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