Ample off-street parkingGenerous double lotReplacement windowsDetached single car garage
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 water/sewer, allowing for you to maximize your return. Common laundry room on site with coin operated machines for additional cash flow. A detached single car garage and ample off-street parking and a prime in town location make this an exceptional opportunity for investors and those seeking a versatile property in Ludington. Buyer to verify all information.
338 days
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363
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17
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Zillow last checked:
Listing updated:
Listed by:
Debby Stevenson231-510-5727,
Greenridge Realty S Rath231-843-6868
Source: MichRIC,MLS#: 25040796
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Forced Air
Cooling
None
Appliances
Laundry: Common Area, In Basement, Laundry Room
Features
Basement: Full
Property
Parking
Total spaces: 8
Parking features: Concrete, Driveway
Lot
Size: 0.39 Acres
Dimensions: 140 x 120
Features: Level, Sidewalk, Corner Lot
Details
Parcel number: 5305121004900
Zoning description: R-2
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Vinyl Siding
Roof: Composition
Condition
New construction: No
Year built: 1890
Utilities & green energy
Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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