210 N Lavinia ST Active Save Request In-Person Tour Request Virtual Tour
Ludington,MI 49431
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 4,944 sqft
Price per Sqft $91
MLS Listing ID 67025040796
Year Built 1890
Property Sub-Type MultiFamily
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 payswater/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.
Location
State MI
County Mason
Area Area53082Ludington
Interior
Heating ForcedAir, NaturalGas
Laundry CommonArea, InBasement, LaundryRoom
Exterior
Parking Features Concrete
Community Features Sidewalks
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Lot Description CornerLot,Level
Sewer PublicSewer
Water Public
Schools
School District Ludington
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard