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About This Home
This 6-bedroom, 0-bathroom residential multi family at 210 N Lavinia Street in Ludington, MI is listed for $450,000. Built in 1890, on a 0.39 acres lot.
Investment opportunity - Discover this charming and spacious home nestled on a generous double lot in the heart of Ludington. Just 5 blocks from downtown and 9 blocks to the beautiful beach, this property offers incredible convenience and investment potential.
The home features four occupied rental units. Two 2-bedroom units and two 1-bedroom units, each with leases in place, providing a steady income stream. One of the units boasts a sunroom, while the upper unit enjoys a spacious deck, perfect for relaxing or entertaining.
Well-maintained income property with some replacement windows and a 12-year-old roof, this property is a reliable investment with a long rental history. All units have separate electric and gas meters and the tenants pay their own utilities while the owner pays water/sewer, allowing for you to maximize your return.
Common laundry room on site with coin operated machines for additional cash flow. A detached single car garage and ample off-street parking and a prime in town location make this an exceptional opportunity for investors and those seeking a versatile property in Ludington. Buyer to verify all information.
Key Features
- Built in 1890
- 0.39 acre lot
- 8 parking spaces
Property Details
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
210 N Lavinia Street
Ludington, MI 49431
Property Details
Construction
Parking
Heating
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 210 N Lavinia Street is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1890, 0.39 acre lot, 8 parking spaces.
This property is listed by Debby Stevenson and can be reached at 2315105727 or deb@debstevenson.com.
