$1,124,000

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. 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 with electrical service. This inviting outdoor space is ideal for grilling, yard games, entertaining, or simply relaxing after a day at the beach. Don't miss your opportunity to own a historic piece of South Haven. With its prime downtown location, an established rental operation, approved STR licenses, and a fully turnkey setup, The Asylum Inn is a truly unique investment opportunity.