$159,000
$174,900
9.1%For more information regarding the value of a property, please contact us for a free consultation.
3,520 SqFt
SOLD DATE : 01/10/2018
Key Details
Sold Price $159,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $45
MLS Listing ID 67017006370
Sold Date 01/10/18
Originating Board Mason Oceana Manistee Board of REALTORS
Year Built 1900
Annual Tax Amount $2,500
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 22x110
Property Description
Looking to own your own building in downtown Ludington while generating rental income? This is a great older building with a nice storefront which has been occupied for years providing $700/month in rent. There are two upstairs apartments which also generate cash flow, one for $350/month and another for $425/month. These rates may be increased as they have not been raised in some time. Owner is a licensed real estate agent.
Location
State MI
County Mason
Area Ludington
Direction Ludington Ave. West to James, South on James to building on left.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Building
Sewer Sewer-Sanitary, Sewer at Street, Storm Drain
Water 3rd Party Unknown, Municipal Water, Water at Street
Structure Type Block/Concrete/Masonry,Frame,Wood
Schools
School District Ludington
Others
Tax ID 05122515200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with LIGHTHOUSE REALTY-Ludington
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