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$450,000
Est. payment /mo
4,944 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,944 sqft
Price per Sqft $91
Subdivision Mi
MLS Listing ID 70487449
Year Built 1890
Annual Tax Amount $4,747
Tax Year 2024
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 140 x 120
Property Sub-Type Multi-Family
Property Description
Investment opportunity - Discover this charming and spacious home nestled on a generous double lot in the heart of Ludington. Just 5 blocks from downtown and 9 blocks to the beautiful beach, this property offers incredible convenience and investment potential. The home features four occupied rental units. Two 2-bedroom units and two 1-bedroom units, each with leases in place, providing a steady income stream. One of the units boasts a sunroom, while the upper unit enjoys a spacious deck, perfect for relaxing or entertaining. Well-maintained income property with some replacement windows and a 12-year-old roof, this property is a reliable investment with a long rental history. All units have separate electric and gas meters and the tenants pay their own utilities while the owner pays
Location
State MI
County Mason
Area Ludington (53020)
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding
Amenities Available Laundry Facility
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Ludington Area School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Greenridge Realty S Rath