MLS #25040201

$2,290,000

116 N Smith Street

116 N Smith Street, New Buffalo, MI

Map & street view
bed
6bed
bath
4.5bath
sq ft
3,000sq ft
acres
0.53acres
/ sq ft
$763/ sq ft
built
1862built

Listed by Klaus Nyman, @properties Christie's International R.E.. Rennie Barton can represent you as the buyer on this property.

Overview

***INVESTMENT OPPORTUNITY*** 2-SUMMER RENTALS HOMES (Freshwater Vacation Rentals) in the heart of New Buffalo, each with ACTIVE STR PERMITS: 116 N Smith (6 bed, 4.5 bath, private heated pool, 2023 hot tub, guest house) and 205 S Whittaker (5 bed, 2.5 bath, private pool & hot tub, updated finishes). Both offer inviting outdoor living spaces and prime locations just minutes to the beach, shops, dining, and marina. Strong rental history with high occupancy makes this a turnkey Harbor Country investment.

Property details

Basic information
Property status
For sale
Property type
Single Family Residence
Year built
1862
County
Berrien County, Michigan
Lot size
0.53 acres
Assessed value (2024)
$127,180 — the assessment, not the tax bill
Price per sq ft
$763
MLS number
25040201
Status
Active
Interior
Bedrooms
6
Full baths
4
Half baths
1
Interior area
3,000 sq ft
  • Ceiling Fan(s)
  • Eat-in Kitchen
Exterior & grounds
Land
0.53 acres
  • Scrn Porch
Financial
Association dues
None
Price history
Arrives with the feed

What to ask about this one

Three questions worth putting to the listing side before you write anything. They are specific to this property, not a checklist.

  1. 01

    Budget for a pre-1978 inspection — lead paint, knob-and-tube, and the roof

  2. 02

    Ask what the taxable value uncaps to after the sale, not what the seller pays now

Read the diligence guide

Location

116 N Smith Street, New Buffalo, Michigan.

Monthly payment

An estimate you can check, not a quote. Change any figure and the breakdown follows. Speak to a lender before you rely on it.

$
$20%
%

An assumption, not a rate you have been offered.

$/mo
$/mo

Empty until you have a quote — shoreline premiums vary widely.

$11,579

per month

  • Principal & interest$11,579
  • Property tax$0
  • Home insurance$0
  • Association dues$0
Loan amount
$1,832,000
Total interest
$2,336,615
Paid off
Sep 2056

More like this

All properties