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Listed price in listed location currency (USD).
$650,000

550

MLS® 26047308

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2198 sqft
Garage 
Taxes $7,000
Days Active 18
Lot Size 0.1928 Acres
Approx. Age 1954
Avg. Price Per Sqft $295
MLS® Number 26047308

Property Address: 414 E Ludington Ave, Ludington, MI, 49431-2123

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY & PROFITABLE LUDINGTON INVESTMENT! Don't miss this rare opportunity on Ludington Avenue, just blocks from downtown and minutes from Lake Michigan! Completely renovated in 2020, the former 8-room Avenue Motel was transformed into three spacious, fully furnished suites—two 2-bedroom/2-bath units and one 1-bedroom/1-bath unit, each with its own full kitchen. Currently operating as successful short- and mid-term rentals, this property has a strong, proven rental history and impressive profitability after expenses. Two newer water heaters, dedicated laundry/utility space and an office add to the turnkey appeal. With a prime location, established income and multiple rental possibilities, this is a ready-to-go investment in one of West Michigan's favorite lakeshore destinations! This is a 3 separate unit motel. 2-two bed 2 bath units and 1-one bedroom one bath unit all have their own full kitchen. Laundry facility is on premises in its own separate room.
MLS® Number26047308
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1954
BasementOther
DrivewayPaved, Asphalt
Garage Spaces
HeatBaseboard, Forced Air
A/CWall Unit(s)

Extras

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