Simply South Haven!!! Steps from downtown and 3 blocks to South Beach

$498,000
3
2
1,650
sq. ft.
$302
per sq ft
Heated sq ft: 1,650 sq ft
Avg Nightly Rate: $4
Home Legally Sleeps: 8
Occupancy Rate: 12 weeks
Annual Gross Income : 35000
Annual Net Operating Income : 10000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach
New Construction: Inquire
Days on Vrolio: 600

Property Description

A short two block stroll will have you bathing in the beauty of South Beach and the shopping and dining of downtown are just around the corner. The 3 bedroom and 2 bathroom cottage will sleep up to 8 and the two story deck will allow you to enjoy the sights and sounds of the Black River Channel and Lake Michigan. The master bedroom uniquely features a spiral staircase to a loft which offers a small space to view the water, sit and read, or use as a children's play area. The amenities include: free wireless internet, 60" SMART TV, Amazon Echo Speaker(Alexa), central air, dishwasher, washer/dryer, grill, stainless steel appliances, granite counter tops, professionally landscaped yard and many other wonderful features. The location is: Huron St. South Haven, MI 49090.

Presented by:
Owner:
mike wesling
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 400
Low: 250
Peak: 450
Special Event: 450
Avarage: 4.00
Furniture Age
3
Est Value of Furnishings
$15,000
Peak & High Seasons
May, June, July, August, September, October
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
I want time to focus on other interests
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
35000
Net Operating Income
10000
Stories
2
Additional Indoor Rooms
Family Room, Living Room, Unfinished basement
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Laminate Wood
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Carpet, Energy Star appliances
Year built
1900
Outdoor Features
Deck, Porch - Not screened
View
River/Creek
Backyard Exposure
North
Lot Size
3614 Sq. Ft
Community Features
Marina
Tax Amount/Year
$6,500
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Marina
Mandatory HOA
Inquire
Home Legally Sleeps:
8
Onsite Parking
Spot for 1.5 cars. Plenty of free street parking
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
Yes, The City of South Haven has a rental policy but our home has a transferrable short term rental license
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
12
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, Booking.com Profile, Private website, Existing database of guests, Social media profiles, VRBO and/or Homeaway profile
Manager Cancellation Policy
 
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Credit Card Fee
$0.02
Cleaning Fee
$150.00
Licesnes & Permits (Annual)
$500.00
Advertising & Tech Costs (Annual)
$3,000.00
Yard & Pest Control (Annual)
$1,000.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,000.00
Water/Sewer (Annual)
$300.00
Cable/Interbet (Annual)
$1,000.00
Accounting Fee (Annual)
$500.00
Property Taxes (Annual)
$6,500.00
Homeowner's Insurance (Annual)
$1,500.00
Short Term Rental Insurance Rider (Annual)
$500.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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