Properties for sale in Michigan

Overview

Description

Here is your opportunity to own the historic Asylum Inn, a turnkey investment property ideally located within the city's walkable downtown district. Currently operating as a short and mid-term rental, this unique property includes three approved and transferable STR licenses. The property features three fully furnished units, with furnishings and contents available to convey, allowing the next owner to continue operations immediately. Designed for efficient management and guest convenience, the building is equipped with Yale smart locks at the main entrance and each unit, Arlo security cameras, separate electric meters, independent mechanical systems, and individual high-speed internet and Wi-Fi. The full basement has a private entrance with its below grade walk-out. Your future guests will be able to utilize the two sets of washers and dryers, a private secure storage area for supplies, additional storage space, and existing plumbing for a future half bath.

Supplements: These features create added convenience for an owner while supporting streamlined property operations. Guest amenities include on-site parking, and a City parking lot conveniently located directly across the street. Adjacent to the property is a spacious private outdoor gathering area complete with a 40' x 20' pavilion and gazebo, both equipped wit ... (Read more)

Location Property Info

County: Van Buren
Street #: 424
Street Name: Huron
Suffix: Street
State: MI
Zip Code: 49090

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.23
Lot Square Footage: 10019
Lot Dimensions: 100x100
Year Built: 1901
Road Frontage: 100
Garage Y/N: No
Income Property: Yes
Total Rooms AG: 17
SqFt Above Grade: 3200
Below Grade Unfinished SqFt: 1280
Building Total SqFt: 4480
Total Beds Above Grade: 6
Total Bedrooms: 6
Full Baths: 4
Half Baths: 2
Total Baths: 6
Main Level Primary: Yes
Stories: 3
School District: South Haven
Association YN: No
Waterfront: No
Body of Water: Lake Michigan
Statewide Lakes & Rivers: Lake Michigan
Basement: Yes
Total Fin SqFt All Levels: 0
Below Grade Finished SqFt: 0

Tax Info

Tax ID #: 80-53-003-003-10
Taxable Value: 499452
SEV: 537300
For Tax Year: 2026
Seller's Annual Property Tax: 29760.34
Tax Year: 2025
Spec Assessment & Type: NK
Zoning: R-1A
Homestead %: 0

Remarks Misc

Directions: Located right near the downtown area. The property is next to First United Methodist Church at the corner of Center St and Huron St.

Access Feat

Accessibility Features: No

More Information

Upper Rooms

Upper Bedrooms: 4
Upper Full Baths: 2
Upper Half Baths: Yes
Upper Level Square Feet: 2000
Total Baths Above Grade: 5

Main Rooms

Main Bedrooms: 2
Main Full Baths: 2
Main Level SQFT: 1200

Basement Rooms

Basement Half Baths: Yes
Total Basement SQFT: 1280
Basement Finished SQFT: 0

Location & Property Info

Cross Streets: Center St & Kalamazoo St
Property Sub-Type: Single Family Residence
Municipality: South Haven City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 374.97
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: Here is your opportunity to own the historic Asylum Inn, a turnkey investment property ideally located within the city's walkable downtown district. Currently operating as a short and mid-term rental, this unique property includes three approved and transferable STR licenses. The property features three fully furnished units, with furnishings and contents available to convey, allowing the next owner to continue operations immediately. Designed for efficient management and guest convenience, the building is equipped with Yale smart locks at the main entrance and each unit, Arlo security cameras, separate electric meters, independent mechanical systems, and individual high-speed internet and Wi-Fi. The full basement has a private entrance with its below grade walk-out. Your future guests will be able to utilize the two sets of washers and dryers, a private secure storage area for supplies, additional storage space, and existing plumbing for a future half bath.
Legal: A26A 3-1-17 750-40 853-756,757 1064-366 1343-507 1506-36 1566-477 1582-478 1587-654 1623-631 *** LOTS 3 & 4. BLOCK 3 ORIGINAL PLAT OF SOUTH HAVEN *** COMBINATION OF 80-53-003-003-00 AND 80-53-003-004-00 ON 1 APRIL 2014 FOR 2015.

Lot Description

Level: Yes
Sidewalk: Yes

Other Structures

Gazebo: Yes
Other: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Phone Available: Yes

Utilities Attached

Cable Connected: Yes
High Speed Internet: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Brick: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Driveway

Concrete: Yes
Paver Block: Yes

Substructure

Full: Yes

Windows

Replacement: Yes

Additional Items

Ceiling Fan(s): Yes
Window Treatments: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Exterior Features

Gazebo: Yes
Other: Yes

Fencing

Full: Yes
Privacy: Yes
Vinyl: Yes
Wrought Iron: Yes

Flooring

Carpet: Yes
Laminate: Yes
Vinyl: Yes
Wood: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Other: Yes
Smoke Detector(s): Yes

Landscape

Decor Fence: Yes
Shrubs/Hedges: Yes

Architectural Style

Historic: Yes
Other: Yes

Possession

Negotiable: Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick Roofing: Composition Windows: Replacement Substructure: Full Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected Util Avail at Street: Phone Available Additional Items: Ceiling Fan(s); Window Treatments Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Exterior Features: Gazebo; Other Fencing: Full; Privacy; Vinyl; Wrought Iron Flooring: Carpet; Laminate; Vinyl; Wood Security Features: Carbon Monoxide Detector(s); Other; Smoke Detector(s) Landscape: Decor Fence; Shrubs/Hedges Other Structures: Gazebo; Other Architectural Style: Historic; Other Driveway: Concrete; Paver Block Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Negotiable Sale Conditions: None

424 Huron Street, South Haven, MI 49090