2 Unit in City of Ludington with current income of $1030.00. Both units are 2 bedrooms, tenant pays all utilities but water. Vinyl siding, most windows have been updated, roof is about 5 yrs old. This 2 unit has been owned by the same owner since 1987 and has been proven to be a great investment. Seller will be selling with the current tenants and will not be vacating property prior to closing. Tenants go with the sale. Seller will not be paying for title insurance. Buyer to verify information to be accurate.
Sold for $170,000 on 02/10/23
$170,000
405 S Madison St, Ludington, MI 49431
--beds
0baths
--sqft
MultiFamily
Built in 1901
-- sqft lot
$203,300 Zestimate®
$--/sqft
$1,335 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Appliances
- Included: Refrigerator
Property
Parking
- Total spaces: 2
Features
- Exterior features: Vinyl
Lot
- Size: 8,276 sqft
Details
- Parcel number: 05133300900
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public
Community & neighborhood
Location
- Region: Ludington
Other
Other facts
- Substructure: Crawl Space
- Sewer: Public
- Util Avail at Street: Electric, Public Sewer, Public Water
- Terms Available: Cash/Conventional
- Utilities Attached: Electric
- Tenant Pays: Gas, Electric
- Water: Public
- Owner Pays: Water, Trash
- Unit 1: Range Oven
- Unit 2: Range/Oven
- Lot Measurement: Acres
- Property Sub-Type: 2 to 4 Units
- Driveway: Unpaved
- Auction or For Sale: For Sale
- Unit 1: Occupied: Yes
- Unit 2: Occupied: Yes