tomo logo

$1,495,000

Beds
4
Baths
4.0
sq ft
2,917

550 Williams St, South Haven, MI 49090

550 Williams St

South Haven, MI 49090

  • 52 days on market
Nestled at the edge of the vibrant downtown waterfront, this highly successful vacation rental boasts stunning, expansive views of the Black River. Designed for comfort and style, this property features two spacious living rooms, two kitchen spaces, four bedrooms, and six bathrooms--offering ample space for relaxation and entertainment.The sophisticated interior finishes blend seamlessly with the thoughtfully designed outdoor spaces, creating a perfect retreat for guests. Beyond its current use, the commercial zoning opens up exciting opportunities for the new owner to further capitalize on its prime location.As a bonus, the property includes a transferable Business Rental License , ensuring a smooth transition for continued success. Whether you're looking for a thrivingrental investment or exploring new commercial possibilities, this waterfront gem is a rare find.

Details

Property type

Single Family Residence

Est. home value

$1,203,886

Lot size

7,405 sq ft

Price per sq ft

$513

Year built

1975

Annual property taxes

$26,148

Price History

09/13/2024
Realcomp

Realcomp #71024048527

Listed
$1,495,000
+49.5%
12/07/2021
Realcomp

Realcomp #69021002805

Sold
$1,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Haven

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mercantile Bank Of Michigan

Loan start date

December 2021

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Kevan Jedlowski and Keena Jedlowski

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 10:30 AM

Listing updated: 09/20/2024 at 12:31 PM

Listed by: Nico Leo, Coldwell Banker Woodland Schmidt Saugatuck Phone #: (269) 857-1705

MLS: Realcomp #71024048527

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