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Key Details
Sold Price $38,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Ludington
MLS Listing ID 20007466
Sold Date 03/20/20
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1900
Annual Tax Amount $2,425
Tax Year 2019
Lot Size 8,320 Sqft
Acres 0.19
Lot Dimensions 58.6x140
Property Description
Fabulous opportunity for the starter investor or the big time one! This 2- 2 unit is located behind the court house just one block from Ludington Ave and has great income potential. The upper unit had a little fire damage so with a little work it could be ready to rent and be collecting from your investment. Both units has some wood floors and old wood trim. This is a great location for a renter to want to be. Photos are of upper unit only. Seller is selling with downstairs renter in property and will not be vacating prior to closing. (current renter downstairs has been there over 20 yrs and only pays $400 a month. Renter is on a month to month lease) Financing will be an issue with the fire so a cash buyer will be easier
Location
State MI
County Mason
Area Masonoceanamanistee - O
Direction From Ludington Ave, south on Rowe St (street west of Court house) to Loomis, east to property on south side of road
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Ludington
Others
Tax ID 5305150800300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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