Investment opportunity in the Village of Colon or live in one side and rent out the other. 2 unit-2 bed 1 bath on the main level and 1 bed 1 bath upstairs. Newer roof. Both units are occupied. Tenants pay ALL utilities and seller will accept FHA financing.
Colon is located in Michigan. Colon, Michigan has a population of 1,126. Colon is more family-centric than the surrounding county with 31.67% of the households containing married families with children. The county average for households married with children is 28.41%.
The median household income in Colon, Michigan is $38,523. The median household income for the surrounding county is $47,856 compared to the national median of $57,652. The median age of people living in Colon is 39.7 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 38 inches per year, with 32.5 inches of snow per year.