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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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27 S Smith St , New Buffalo, MI 49117
$469,000
Est. Payment: $1,042.22/mo
2 Bed
1 Bath
781 Sqft
Status: Active | Days on site: 52
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House Description

Investment opportunity with endless possibilities - Two Cottages for sale! Live in one cottage while generating year-round rental income from the other, or maximize your investment by renting both. Just a few blocks from Lake Michigan beaches, the marina, restaurants and shopping, this unique property features two separate cottages on one parcel, each with its own private backyard divided by a privacy fence. The Main House is a charming Michigan cottage constructed with timeless river rock and full of character. It features a spacious enclosed porch, an added feature offering additional entertaining space, two bedrooms and a full basement with laundry room. The Guest Cottage offers comfortable single-level living with a spacious living room and dinette area, a kitchen with abundant counter space and cabinetry, bedroom and a convenient laundry room. Recent updates to the Main House include a new roof, gutters and gutter guards (2023), new windows in the main house (2021) and new enclosed porch windows (2024). For a nice dry basement, a professionally installed basement system in (2019). Whether you're looking for an income-producing property, a vacation retreat, or a multi-generational living arrangement, this rare two-cottage property offers flexibility in an unbeatable location near all that Lake Michigan has to offer.

Highlights

Listed by Betty M Biernacki , 269-470-7832 Berkshire Hathaway HomeServices Chicago , 269-469-8300.

Property Type

Residential

Lot/Acreage
0.18

Year Built

1949

County

Berrien

School District

New Buffalo

Listing ID

26036914

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Ceramic Tile,Engineered Hardwood
Basement:Full
Other:
  • Additional:Ceiling Fan(s), Broadband, Center Island, Eat-in Kitchen, Master on Main
Water:Public

Exterior Features

Lot:Level,Lake
Sewer:Public
Principal Interest
$1,042
Taxes
$192

Home Price

$469,000

Loan Details

30 yrs
%

Down Payment

20%
$93,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,042.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,042.22 $191.92 $0.00 $1,234.14
Yearly $12,506.67 $2,303.00 $0.00 $14,809.67
Total $375,200.00 $69,090.00 $0.00 $444,290.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (New Buffalo, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.