706 Loomis Street

    Ludington, MI 49431
    • $224,900
    • STATUS: Active Under Contract
    • ON SITE: 126 days
    • MLS #: 17052765
    Under Contract
    UPDATED: 38 min ago
    $224,900
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Investment Opportunity! This highly successful 2 unit is grandfathered in by the city for Daily/Weekly/Monthly rentals. There are very few of these around and even fewer available. Just 2 blocks from the Ludington Beach and blocks from downtown, this is in the prime place. Across from the city marina and 2 blocks from the public boat launch for Lake Michigan. It has a solid rental history at $250/night for the down stairs unit and $125/night for the upstairs. Winter monthly rates of $900 for the upstairs unit and $1500 for the down stairs unit. It has the possibility for much more. Do not miss out on this unique opportunity.

    Monthly Payment Calculator

    © 2018 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2018-02-25T20:00:27.7.
    www.teamcarlsonrealtors.com/homes/77956523

    706 Loomis Street Ludington, MI 49431

    • Price: $224,900
    • Status: Active Under Contract
    • Updated: 38 min ago
    • MLS #: 17052765
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1910
    Built
    Neighborhood:
    Ludington
    County:
    Mason
    Area:
    Ludington
    School District:
    Ludington
    Property Description
    Investment Opportunity! This highly successful 2 unit is grandfathered in by the city for Daily/Weekly/Monthly rentals. There are very few of these around and even fewer available. Just 2 blocks from the Ludington Beach and blocks from downtown, this is in the prime place. Across from the city marina and 2 blocks from the public boat launch for Lake Michigan. It has a solid rental history at $250/night for the down stairs unit and $125/night for the upstairs. Winter monthly rates of $900 for the upstairs unit and $1500 for the down stairs unit. It has the possibility for much more. Do not miss out on this unique opportunity.
    Exterior Features

    Driveway Unpaved Exterior Material Shingle SidingWood Siding Lot Description LevelSidewalk Lot Dimensions 60 X 140 Number Of Buildings 1.00 Parking Spaces 3.0000 Road Frontage 60.00 Roofing Composition Street Type PavedPublic Substructure Full Basement Waterfront No

    Interior Features

    Air Conditioning Window Unit Basement Yes Baths Unit1 1 Baths Unit2 2 Beds Unit1 1 Beds Unit2 2 Heat Source ElectricNatural Gas Heat Type BaseboardForced Air

    Property Features

    Annual Property Tax 2446.00 Association Mason Oceana Manistee Association Of Realtors Mineral Rights No Multifamily Type 2 To 4 Units New Construction No Owner Pays ElectricityGasSewerTrash CollectionWater Rent Unit1 900.00 Rent Unit2 1500.00 Sale Conditions None Sewer Public Tax Year 2017 Tenant Pays None Terms Available Cash/Conventional Util Avl At Street Cable Utilities Attached CableElectricNatural Gas Water Public

    Listing provided courtesy of Random N Messeder of Lighthouse Realty-Ludington. © 2018 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
    © 2018 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2018-02-25T20:00:27.7.
    Carlson Realtors & Development
    6146 West Main Street
    Kalamazoo MI, 49009