$215,000
$224,900
4.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
8,276 Sqft Lot
SOLD DATE : 01/08/2018
Key Details
Sold Price $215,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 67017052765
Sold Date 01/08/18
Bedrooms 2
Originating Board Mason Oceana Manistee Board of REALTORS
Year Built 1910
Annual Tax Amount $2,446
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60 x 140
Property Description
Investment Opportunity! This highly successful 2 unit is grandfathered in by the city for Daily/Weekly/Monthly rentals. There are very few of these around and even fewer available. Just 2 blocks from the Ludington Beach and blocks from downtown, this is in the prime place. Across from the city marina and 2 blocks from the public boat launch for Lake Michigan. It has a solid rental history at $250/night for the down stairs unit and $125/night for the upstairs. Winter monthly rates of $900 for the upstairs unit and $1500 for the down stairs unit. It has the possibility for much more. Do not miss out on this unique opportunity.
Location
State MI
County Mason
Area Ludington
Direction US-10/Ludington Ave West to Ferry St. South on Ferry St to W Loomis. West on Loomis to home.
Interior
Interior Features Cable Available
Heating Baseboard, Forced Air
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 3.0
Pool No
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Building
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Wood,Shingle Siding
Schools
School District Ludington
Others
Pets Allowed Yes
Tax ID 05110528100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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