MLS # 50168398 (MiRealSource)

Looking for an income opportunity? If so, this 3-bedroom, 1-bathroom residence features an open living room, dining area, and kitchen. It also includes an apartment/guesthouse, providing over 350 square feet of living space. This guest area includes an 11x11 kitchen, a full bathroom, and an 8x11 bedroom. Please note that this square footage is not included in the primary house's total, but the rooms do count toward the overall room count. The primary home includes a new boiler installed in 2024, as well as newer appliances such as a stove and refrigerator, with an additional upright freezer located in the laundry room. You'll also find a washer and dryer, newer toilets, double closets, and plenty of storage throughout, including in the utility/laundry room, which is equipped with a washtub. Two window air conditioning units are also included. The interior has been freshly repainted in the past couple of years, featuring new window coverings and a newer screen door. Situated on a spacious lot of nearly 0.50 acres, the property boasts large trees, beautiful year-round flowers, a fire pit, and a new wooden shed. On the south side of the house, there's a one-car overhead garage door, but due to the bathroom in the apartment/guesthouse, it is not suitable for parking a vehicle. However, it's perfect for storing your lawnmower, snowblower, and outdoor equipment. Additionally, there's a carport in the back for extra vehicles, campers, boats, etc. The Pickle Train trail runs behind the home, providing a lovely area to relax. Although this home has a Fraser St. address, the road ends, and it is located on the east side where 5th Street concludes. There is an easement for the driveway.
Source: SparkMLS
3-bedroom, 1-bath, 1,512 sq ft home in Coleman in Coleman built in 1978.
Closed at $142,500 (about $94/sq ft).
Electric service is provided by Consumers Energy Company. Broadband is available with download speeds up to 1,000 Mbps from 8 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Theresa Guthrie
RE/MAX of Midland
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
127 E Fraser Street, Coleman, MI 48618
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Municipality
Coleman
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