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.
For sale
Price cut: $4.9K (4/18)
$245,000
108 W State St, Colon, MI 49040
2beds
3baths
--sqft
Est.:
2 to 4 Units
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 56 days
- on Zillow |
- 542 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 06:20am
Listed by:
Kathy M Earl 269-625-1228,
RE/MAX Elite Group 269-651-2776
Source: MichRIC,MLS#: 25007247

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full
- Number of fireplaces: 1
Property
Parking
- Total spaces: 2
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 60 x 92
Details
- Parcel number: 77504118000100
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Other
- Roof: Slate
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Location
- Region: Colon
Financial & listing details
- Tax assessed value: $93,378
- Annual tax amount: $5,528
- Date on market: 2/28/2025
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
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