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$1,150,000

Beds
5
Baths
3.0
sq ft
3,327

614 Maple St, South Haven, MI 49090

614 Maple St

South Haven, MI 49090

  • 11 days on market
Premier Investment Opportunity just two blocks from South Beach! This exceptional 5 bedroom duplex has two coveted Business STR permits with an occupancy of 16, presenting a rare opportunity for investors. Ideally situated just two blocks from the Blue Stairs beach access and one block from Kid's Corner Park. Designed for flexibility, the home can be rented as one expansive retreat or two separate units, each with its own kitchen, living space, and laundry, perfect for maximizing rental potential or accommodating multi-generational stays. The outdoor living spaces provide a tranquil setting to unwind and enjoy the sounds and view of Lake Michigan. With a proven rental history and an unbeatable location, this is a rare chance to own a premier short-term rental or an idyllic getaway.

Details

Property type

Single Family Residence

Est. home value

$1,134,255

Lot size

3,485 sq ft

Price per sq ft

$346

Year built

2011

Annual property taxes

$24,547.92

Price History

02/11/2025
Realcomp

Realcomp #69025005096

Listed
$1,150,000
+29.21%
04/13/2021
Realcomp

Realcomp #69021005110

Sold
$890,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Haven

Negotiation Insights

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

Seller could get up to

$405,756
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$652,244
Cash to seller
$405,756

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Horizon Bank

Loan start date

April 2021

Original loan amount

$712,000

Est. remaining balance

$652,244

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

John E Moriarty and Ellen Moriarty

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: 02/22/2025 at 3:25 PM

Listing updated: 02/19/2025 at 1:14 PM

Listed by: Amy O'Sullivan, Amy O'Sullivan, Jaqua REALTORSJaqua REALTORS Phone #: (269) 637-6537

MLS: Realcomp #69025005096

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