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306 E Loomis Street Ludington, MI 49431
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Key Details
Sold Price $38,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70127981
Sold Date 03/20/20
Year Built 1900
Annual Tax Amount $2,425
Tax Year 2019
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 58.6x140
Property Description
Fabulous opportunity for the starter investor or the big time one! This 2- 2 unit is located behind the court house just one block from Ludington Ave and has great income potential. The upper unit had a little fire damage so with a little work it could be ready to rent and be collecting from your investment. Both units has some wood floors and old wood trim. This is a great location for a renter to want to be. Photos are of upper unit only. Seller is selling with downstairs renter in property and will not be vacating prior to closing. (current renter downstairs has been there over 20 yrs and only pays $400 a month. Renter is on a month to month lease) Financing will be an issue with the fire so a cash buyer will be easier
Location
State MI
County Mason
Area Ludington (53020)
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum
Waterfront No
Building
Water Public Water
Structure Type Aluminum
Schools
School District Ludington Area School District
Others
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with LIGHTHOUSE REALTY-Ludington
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