$170,000
$188,500
9.8%For more information regarding the value of a property, please contact us for a free consultation.
405 S Madison Street 2 Unit Ludington, MI 49431
2 Beds
8,276 Sqft Lot
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
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
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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Bought with Core Realty Partners LLC