Ludington, MI 49431,405 S Madison Street 2 Unit

$170,000

$188,500

9.8%
Est.Price: ?

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Est. payment /mo

2 Beds

8,276 Sqft Lot


SOLD DATE : 01/27/2023

Key Details

Sold Price $170,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 67022007878

Sold Date 01/27/23

Bedrooms 2

Originating Board Mason Oceana Manistee Board of REALTORS®

Year Built 1901

Annual Tax Amount $2,082

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 70 x 120

Property Description

Great Investment Opportunity with this updated 2 unit in the City of Ludington! Multi-family HOME w/2 rental units.Unit 1-Main floor of the home is a 2 bedroom;1 NEW REMODELED Bath w/spacious living & KITCHEN area.NEW FLOORING THROUGHOUT(Nov 2020). Covered front porch w/Mudroom entrance also part of this unit, plus access to the basement for storage.Unit 2-upper level-accessed from a private exterior entrance with large covered porch.This unit offers 2 bedrooms, 1 bath, cozy living room & sizable kitchen w/eating area and walk-in Pantry. Utilities are metered separately (tenants pay gas/electric). Landlord pays water/sewer bill. PRIVATE PARKING off the alley. Just a few blocks to Lake Michigan beach, LUDINGTON downtown district, marinas, Hospital & NEW ELEMENTARY SCHOOL COMPLEX. Great Opportunity to Own an already generating INCOME Property:2 UNIT property with DEFINITE INCREASED INCOME potential. Well maintained, charming details, lovingly restored investment property! This spacious h

Location

State MI

County Mason

Area Ludington

Zoning Residential

Direction From Ludington Ave Go South on Madison to property on East.

Interior

Interior Features Other, Cable Available

Heating Forced Air

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Pool No

Roof Type Composition

Road Frontage Paved, Pub. Sidewalk

Building

Foundation Crawl, Michigan Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Water at Street, Public (Municipal)

Structure Type Vinyl

Schools

School District Ludington

Others

Pets Allowed Yes

Tax ID 05133300900

Acceptable Financing Cash, Conventional, Trade/Exchange

Listing Terms Cash, Conventional, Trade/Exchange

Financing Cash,Conventional,Trade/Exchange

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Realcomp MLS
Listed by LIGHTHOUSE REALTY-Ludington
Bought with Core Realty Partners LLC
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