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About This Home
This 14-bedroom, 0-bathroom residential multi family at 1159 S Shore Drive in Holland, MI is listed for $1,999,999. Built in 1950, on a 0.80 acres lot.
Discover an Exceptional Investment Opportunity at 1159 South Shore Drive! Step into a piece of history with this charming historical motel, ideally located just across the street from the bustling Central Market grocery store and mere steps away from the serene beauty of Lake Macatawa with 3 access points and beach.
Offering 14 fully operational monthly rentals, along with a cozy garage apartment and a private residence, this property presents a unique opportunity for investors looking to capitalize on the thriving short-term rental market. With current NMU zoning regulations allowing for short-term rentals, the potential for increased revenue is immense.
Imagine the possibility of converting this property back to its original glory of 20 guest rooms, maximizing your income potential and catering to the growing demand for vacation accommodations in this sought-after location. Don't miss this rare chance to invest in a versatile property that promises significant financial rewards.
Key Features
- Built in 1950
- 0.80 acre lot
- 20 parking spaces
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$10,696/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1159 S Shore Drive
Holland, MI 49423
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 14-bedroom, 0-bathroom residential multi family at 1159 S Shore Drive is listed at $1,999,999. The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.80 acre lot, 20 parking spaces, Waterfront.
This property is listed by Tammy L Kerr and can be reached at 6162180873 or michigan@tammykerr.homes.