About This Home
This 2-bedroom, 1-bathroom single family at 701 W Loomis Street in Ludington, MI is listed for $1,600,000 ($2,083 per sqft). Built in 1960, the home offers 768 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1960
- 0.17 acre lot
- Waterfront
Property Details
Amenities
Exceptional waterfront redevelopment opportunity in the heart of Ludington! Located directly across from the Ludington Municipal Marina, this rare offering includes an updated ranch home plus four residential lots (one improved), creating endless possibilities for future development.
Potential uses include luxury homes, custom residences, townhomes, or low-rise condominiums (subject to approvals). Occupying nearly three-quarters of a city block, the property offers marina views, excellent frontage, and is just minutes from downtown, parks, beaches, restaurants, and shopping.
The existing 2-bedroom, 1-bath home was completely renovated in 2018, including the interior, exterior, and a detached 2-car garage. Both bedrooms offer water views, and public utilities are available. The seller has already consulted with the City and a surveyor regarding future parcel configurations, making this an outstanding opportunity for builders, developers, and investors.
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
701 W Loomis Street
Ludington, MI 49431
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 701 W Loomis Street is listed at $1,600,000 ($2,083/sqft). The estimated monthly payment is $8,557 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.17 acre lot, Waterfront. Interior Features: Broadband.
This property is listed by Rudy Acuna and can be reached at 7348914277.
