For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,668 sqft
Price per Sqft $128
Municipality Ludington
MLS Listing ID 21007135
Sold Date 05/14/21
Full Baths 4
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1969
Annual Tax Amount $14,560
Tax Year 2020
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 72 x 140
Property Description
IDEAL INVESTMENT just 350 feet from the sandy beaches of LAKE MICHIGAN in the Commercial District of Ludington. Currently set up as a 4-UNIT VACATION RENTAL that has exceptional history of income and exceptional views of the water. FULLY FURNISHED and ready for your vacation rentals, long-term rentals and/or for your friends and family. Prime location where you and your guests can easily walk to the restaurants, shopping and FUN! The upper level has a 3-bedroom unit with a covered deck.
The lower level has two 2-bedroom units, one efficiency unit and a fenced patio area. 4 units total. City utilities, broadband, cable, natural gas, central air. Plenty of parking and room for trailers. Great reviews from past vacation renters because of this PRIME LOCATION. #OpportunityZone.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Direction US-31 to US-10; US-31 west to address (just east of N Lakeshore Drive and the Sterns Park.). Visit www.iLoveManistee.com for the current vacation rental website showing rates: Cartier top floor, 3-BR unit: $209-385/night; Sterns 2-BR unit: $119-248/night; Badger 2-BR unit: $159-313/night; Caswell studio unit: $79-144/night.
Body of Water Lake Michigan
Interior
Cooling Window Unit(s), Central Air
Fireplaces Number 1
Exterior
Garage Asphalt, Driveway
Community Features Lake
Utilities Available Broadband Available, Natural Gas Connected, Electric Connected, Cable Connected
Waterfront No
View Y/N No
Roof Type Rubber
Street Surface Paved
Parking Type Asphalt, Driveway
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ludington
Others
Tax ID 5305112000500
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
United Country Midwest Lifestyle Properties
michigancrm@midwestlifestyleproperties.com +1(888) 819-6344Our team is ready to help you sell your home for the highest possible price ASAP